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KORE Group Holdings (KORE)
NYSE:KORE
Holding KORE?
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KORE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.10 - $5.45
Previous CloseN/A
Volume65.28K
Average Volume (3M)437.92K
Market Cap
$39.80M
Enterprise Value$475.71M
Total Cash (Recent Filing)$85.98M
Total Debt (Recent Filing)$399.38M
Price to Earnings (P/E)―
Beta0.87
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. Volume106,787
30 Day Avg. Volume437,920
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)0.14
Price to Cash Flow (P/CF)8.50
P/FCF Ratio0.00
Enterprise Value/Market Cap11.95
Enterprise Value/Revenue1.67
Enterprise Value/Gross Profit3.21
Enterprise Value/Ebitda-5.05
Forecast
1Y Price Target
$2.50Price Target Upside10.13% Upside
Rating ConsensusHold
Number of Analyst Covering1
KORE Group Holdings News
PremiumCompany Announcements
KORE Group Holdings Announces Leadership Reshuffle for 2025
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSolutions, despite a planned revenue dip, achieved significant margin gains, showcasing the segment's pivot to high-value offerings.
Operational EfficiencyThe 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.
Revenue GrowthConnectivity delivered revenue growth, rising connections, and higher ARPU, reinforcing its role as KORE's growth engine.
Bears Say
Balance SheetBalance sheet challenges persist.
Growth VisibilityWhile this quarter's more stable results were encouraging, there is still a need for a clearer line of sight to higher growth.
Operational ChallengesThe challenge with KORE is that there has not really been a clean time to see the business outperform, given 2G/3G sunsetting, LTE transitions, and supply chain getting in the way of results.
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Ownership Overview
15.01% Insiders
2.52% Mutual Funds
0.20% Other Institutional Investors
80.51% 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’s price range in the past 12 months?
KORE Group Holdings lowest stock price was $1.10 and its highest was $5.45 in the past 12 months.
What is KORE Group Holdings’s market cap?
KORE Group Holdings’s market cap is $39.80M.
When is KORE Group Holdings’s upcoming earnings report date?
KORE Group Holdings’s upcoming earnings report date is Apr 01, 2025 which is in 60 days.
How were KORE Group Holdings’s earnings last quarter?
KORE Group Holdings 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 overvalued?
According to Wall Street analysts KORE Group Holdings’s price is currently Undervalued.
Does KORE Group Holdings pay dividends?
KORE Group Holdings does not currently pay dividends.
What is KORE Group Holdings’s EPS estimate?
KORE Group Holdings’s EPS estimate is -0.49.
How many shares outstanding does KORE Group Holdings have?
KORE Group Holdings has 17,008,356 shares outstanding.
What happened to KORE Group Holdings’s price movement after its last earnings report?
KORE Group Holdings 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?
Among the largest hedge funds holding KORE Group Holdings’s share is Marathon Asset Management LP. It holds KORE Group Holdings’s shares valued at 116K.
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KORE Group Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$2.50 (10.13% Upside)
$2.50 (10.13% Upside)
Blogger Sentiment
Bullish
KORE Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 98.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.3%
Last 30 Days ▲ 24.5%
Last 30 Days ▲ 24.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.98%
12-Months-Change
Fundamentals
Return on Equity
174.77%
Trailing 12-Months
Asset Growth
-19.15%
Trailing 12-Months
Company Description
KORE Group Holdings
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
$2.50
▲(10.13% Upside)
Technical Analysis
Best Analysts Covering KORE
1 Year
1 Year Success Rate
0/6 ratings generated profit
1 Year Average Return
-58.30%
reiterated a buy rating 6 months ago
Copying Scott Searle's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -58.30% per trade.
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