A new trading data show Turkcell Iletisim Hizmetleri A.S. (TKC) is showing positive returns.

Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) stock jumped 1.53% on Thursday to $3.98 against a previous-day closing price of $3.92. With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $3.9910 whereas the lowest price it dropped to was $3.8801. The 52-week range on TKC shows that it touched its highest point at $5.44 and its lowest point at $2.33 during that stretch. It currently has a 1-year price target of $5.30. With its current market cap of 3.57 billion, TKC has annualized dividend of $0.30 while the current yield stands at 7.49%. Beta for the stock currently stands at 0.74.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TKC was down-trending over the past week, with a drop of -1.49%, but this was down by -9.34% over a month. Three-month performance dropped to -6.13% while six-month performance fell -5.46%. The stock gained 31.79% in the past year, while it has lost -16.91% so far this year. A look at the trailing 12-month EPS for TKC yields 0.75 with Next year EPS estimates of 1.66. EPS is expected to grow by 31.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 41.20%.

Float and Shares Shorts:

At present, 880.00 million TKC shares are outstanding with a float of 471.43 million shares on hand for trading. On May 14, 2023, short shares totaled 0.55 million, which was 0.06% higher than short shares on Apr 13, 2023. In addition to Mr. Murat Erkan as the firm’s Chief Exec. Officer, Mr. Kamil Kalyon serves as its Acting Exec. VP of Fin., Financial Planning & Analysis Director.

Institutional Ownership:

Through their ownership of 4.02% of TKC’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 2.77% of TKC, in contrast to 1.00% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in TKC with 0.98% of the stake, Morgan Stanley & Co. LLC holds 8,616,990 shares worth 8,616,990. A second-largest stockholder of TKC, Macquarie Investment Management B, holds 4,945,110 shares, controlling over 0.56% of the firm’s shares. Parametric Portfolio Associates L is the third largest shareholder in TKC, holding 2,585,264 shares or 0.29% stake. With a 0.51% stake in TKC, the Delaware Emerging Markets Fund is the largest stakeholder. A total of 4,449,485 shares are owned by the mutual fund manager. The Ibuplus SA de CV SIRV, which owns about 0.15% of TKC stock, is the second-largest Mutual Fund holder. It holds 1,335,034 shares valued at 5.82 million. SPDR S&P Kensho New Economies Com holds 0.11% of the stake in TKC, owning 950,606 shares worth 4.14 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, TKC reported revenue of $12.48B and operating income of $2.65B. The EBITDA in the recently reported quarter was $5.16B and diluted EPS was $2.12.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TKC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With TKC analysts setting a high price target of $7.60 and a low target of $5.48, the average target price over the next 12 months is $6.42. Based on these targets, TKC could surge 90.95% to reach the target high and rise by 37.69% to reach the target low. Reaching the average price target will result in a growth of 61.31% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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