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Kore Group Holdings, Inc. (KORE)
:KORE
KORE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.10 - $4.88
Previous CloseN/A
Volume65.28K
Average Volume (3M)48.65K
Market Cap
$42.52M
Enterprise Value$475.71M
Total Cash (Recent Filing)$23.02M
Total Debt (Recent Filing)$450.81M
Price to Earnings (P/E)―
Beta0.55
Next Earnings
Apr 01, 2025EPS Estimate
-0.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.47
Shares Outstanding17,008,356
10 Day Avg. Volume24,877
30 Day Avg. Volume48,652
Standard Deviation0.37
R-Squared0.07
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.15
Price to Cash Flow (P/CF)9.00
P/FCF Ratio0.00
Enterprise Value/Market Cap11.19
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.21
Enterprise Value/Ebitda-16.78
Forecast
1Y Price Target
$0.28Price Target Upside-88.80% Downside
Rating ConsensusHold
Number of Analyst Covering1
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KORE Group Holdings News
PremiumCompany Announcements
KORE Group Holdings Announces Leadership Reshuffle for 2025
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Bulls Say, Bears Say
Bulls Say
Expense ManagementThe company's focus on cost efficiencies and aiming to re-align spend to higher growth areas is encouraging, expecting a $20mm annual run rate cash saving from the RIF announced last quarter.
Investment And GrowthIoT Connectivity revenue came in-line with expectations driven both by investments and organic growth.
Revenue GrowthConnectivity delivered revenue growth, rising connections, and higher ARPU, reinforcing its role as KORE's growth engine.
Bears Say
Balance Sheet ChallengesBalance sheet challenges persist.
Market ConditionsWeaker outlook with cost conscious customer behavior and slower purchasing cycles.
Weak Financial PerformanceWeak Q2 results driven by the IoT Solutions business due to timing of deals.
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Ownership Overview
15.06% Insiders
2.45% Mutual Funds
12.16% Other Institutional Investors
68.56% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
KORE FAQ
What was Kore Group Holdings, Inc.’s price range in the past 12 months?
Kore Group Holdings, Inc. lowest stock price was $1.10 and its highest was $4.88 in the past 12 months.
What is Kore Group Holdings, Inc.’s market cap?
Kore Group Holdings, Inc.’s market cap is $42.52M.
When is Kore Group Holdings, Inc.’s upcoming earnings report date?
Kore Group Holdings, Inc.’s upcoming earnings report date is Apr 01, 2025 which is in 28 days.
How were Kore Group Holdings, Inc.’s earnings last quarter?
Kore Group Holdings, Inc. released its earnings results on Nov 19, 2024. The company reported -$1 earnings per share for the quarter, beating the consensus estimate of -$4.047 by $3.047.
Is Kore Group Holdings, Inc. overvalued?
According to Wall Street analysts Kore Group Holdings, Inc.’s price is currently Overvalued.
Does Kore Group Holdings, Inc. pay dividends?
Kore Group Holdings, Inc. does not currently pay dividends.
What is Kore Group Holdings, Inc.’s EPS estimate?
Kore Group Holdings, Inc.’s EPS estimate is -0.49.
How many shares outstanding does Kore Group Holdings, Inc. have?
Kore Group Holdings, Inc. has 17,008,356 shares outstanding.
What happened to Kore Group Holdings, Inc.’s price movement after its last earnings report?
Kore Group Holdings, Inc. reported an EPS of -$1 in its last earnings report, beating expectations of -$4.047. Following the earnings report the stock price went up 3.825%.
Which hedge fund is a major shareholder of Kore Group Holdings, Inc.?
Currently, no hedge funds are holding shares in KORE
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KORE Group Holdings Stock Smart Score
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$0.28 (-88.80% Downside)
$0.28 (-88.80% Downside)
Blogger Sentiment
Bullish
KORE Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 300.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-42.51%
12-Months-Change
Fundamentals
Return on Equity
174.77%
Trailing 12-Months
Asset Growth
-19.15%
Trailing 12-Months
Company Description
Kore Group Holdings, Inc.
Cerberus Telecom Acquisition Corp is a blank check company.
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KORE Company Deck
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KORE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments in IoT Connectivity growth, cost savings from restructuring, and significant customer wins. However, these were tempered by challenges in IoT Solutions revenue decline, adjusted EBITDA reduction, and high debt concerns. The company appears to be on a stable path forward, with improvements in cash flow and operational metrics.Read More>---
KORE Stock 12 Month Forecast
Average Price Target
$0.28
▼(-88.80% Downside)
Technical Analysis
Best Analysts Covering KORE
1 Year
1 Year Success Rate
1/6 ratings generated profit
1 Year Average Return
-56.72%
reiterated a buy rating 7 months ago
Copying Scott Searle's trades and holding each position for 1 Year would result in 16.67% of your transactions generating a profit, with an average return of -56.72% per trade.
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