NYSE:KORE KORE Group (KORE) Stock Price, News & Analysis → The CHIPS Act Motherlode (From True Market Insiders) (Ad) Free KORE Stock Alerts $0.77 +0.01 (+1.31%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$0.71▼$0.7950-Day Range$0.67▼$0.8852-Week Range$0.32▼$1.76Volume21,755 shsAverage Volume34,851 shsMarket Capitalization$64.26 millionP/E RatioN/ADividend YieldN/APrice Target$2.94 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get KORE Group alerts: Email Address KORE Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside280.6% Upside$2.94 Price TargetShort InterestHealthy0.40% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.01Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.29) to ($0.21) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.14 out of 5 starsComputer And Technology Sector385th out of 588 stocksCommunication Services, Not Elsewhere Classified Industry6th out of 9 stocks 3.3 Analyst's Opinion Consensus RatingKORE Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageKORE Group has only been the subject of 1 research reports in the past 90 days.Read more about KORE Group's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.40% of the float of KORE Group has been sold short.Short Interest Ratio / Days to CoverKORE Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in KORE Group has recently decreased by 10.40%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldKORE Group does not currently pay a dividend.Dividend GrowthKORE Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KORE. Previous Next 1.1 News and Social Media Coverage News SentimentKORE Group has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for KORE Group this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added KORE Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KORE Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.80% of the stock of KORE Group is held by insiders.Percentage Held by Institutions57.45% of the stock of KORE Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about KORE Group's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for KORE Group are expected to grow in the coming year, from ($0.29) to ($0.21) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KORE Group is -0.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of KORE Group is -0.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKORE Group has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about KORE Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About KORE Group Stock (NYSE:KORE)KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.Read More KORE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KORE Stock News HeadlinesMay 16 at 11:21 AM | finanznachrichten.deKORE Wireless: KORE Reports First Quarter 2024 ResultsMay 16 at 11:21 AM | msn.comKORE Group Holdings, Inc. (NYSE:KORE) Q1 2024 Earnings Call TranscriptMay 16 at 6:21 AM | finance.yahoo.comKore Group Holdings Inc (KORE) Q1 2024 Earnings Call Transcript Highlights: Strong Revenue ...May 15, 2024 | prnewswire.comKORE Reports First Quarter 2024 ResultsMay 15, 2024 | americanbankingnews.comKORE Group Holdings, Inc. (NYSE:KORE) Short Interest UpdateMay 14, 2024 | markets.businessinsider.comHere's what to expect from KORE Group's earningsMay 13, 2024 | americanbankingnews.comKORE Group (KORE) Scheduled to Post Quarterly Earnings on WednesdayMay 12, 2024 | forbes.com2024 Brings Worldwide Elections And New Supply Chain ChallengesMay 11, 2024 | msn.com‘It feels pointless sometimes’: As hospitals grow more corporate, fed-up doctors are pushing backMay 9, 2024 | finance.yahoo.comKORE to Report First Quarter 2024 Results on May 15, 2024May 3, 2024 | msn.comWhat to Know About Cannes (Other Than the Movies)May 1, 2024 | benzinga.comKOCH INDUSTRIES INC's Net WorthMay 1, 2024 | msn.comDemocrats cast aside worries of campus protests hurting BidenMay 1, 2024 | tmcnet.comReal Salt Lake Taps KORE to Enhance Partnership Management & MeasurementApril 29, 2024 | msn.comNadine Labaki named as jury member for Cannes Film Festival 2024April 29, 2024 | finanznachrichten.deKORE Group Holdings, Inc.: KORE Announces President and CEO TransitionApril 29, 2024 | marketwatch.comKORE Group President, CEO Romil Bahl ResignsApril 29, 2024 | markets.businessinsider.comKORE Group CEO Romil Bahl To Resign, Ronald Totton To Be Interim CEO; Stock DownApril 29, 2024 | prnewswire.comKORE Announces President and CEO TransitionApril 29, 2024 | yahoo.comLily Gladstone, Omar Sy, Eva Green on Cannes Competition JuryApril 26, 2024 | tmcnet.comENOC Group Partners with Loyyal to Enhance 'YES' Rewards Members' ExperienceApril 26, 2024 | bizjournals.comNew West Valley industrial building lands top sale price so far this yearApril 25, 2024 | finance.yahoo.comDan Cebula, Vice President for Connected Health at KORE, Appointed to Board of Directors for The Medical Alert Monitoring AssociationApril 15, 2024 | markets.businessinsider.comKORE Stock Earnings: Kore Group Holdings Misses EPS, Misses Revenue for Q4 2023April 15, 2024 | finance.yahoo.comKORE helps GoRout Tackle Communication Between Players and CoachesSee More Headlines Receive KORE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KORE Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/15/2024Today5/18/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:KORE CUSIPN/A CIK1855457 Webwww.korewireless.com Phone877-710-5673FaxN/AEmployees600Year FoundedN/APrice Target and Rating Average Stock Price Target$2.94 High Stock Price Target$5.00 Low Stock Price Target$0.70 Potential Upside/Downside+280.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.88) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-167,040,000.00 Net Margins-57.97% Pretax Margin-59.44% Return on Equity-123.65% Return on Assets-14.99% Debt Debt-to-Equity Ratio13.25 Current Ratio1.37 Quick Ratio1.26 Sales & Book Value Annual Sales$276.61 million Price / Sales0.23 Cash Flow$0.73 per share Price / Cash Flow1.06 Book Value$0.27 per share Price / Book2.86Miscellaneous Outstanding Shares83,200,000Free Float82,531,000Market Cap$64.26 million OptionableNot Optionable Beta2.71 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Romil Bahl (Age 55)CEO, President & Director Comp: $1.05MMr. Tushar K. Sachdev (Age 51)CTO & Executive VP of Analytics Comp: $419.58kMr. Bryan A. Lubel (Age 60)Executive VP & GM of Global Industries Comp: $347.45kMr. Paul Holtz (Age 47)Executive VP, CFO, Treasurer, Principal Financial Officer & Principal Accounting Officer Mr. Rajesh GuptaSenior Vice President of CX & OperationsVik VijayvergiyaVice President of Investor RelationsMr. Jack William Kennedy Jr. (Age 48)Executive VP, Chief Legal Officer & Secretary Ms. Louise P. Winstone (Age 45)Executive VP & Chief HR Officer Mr. Steven JonesSenior Vice President of Carrier ManagementMr. Pete WestSenior Vice President of Sales - North AmericaMore ExecutivesKey CompetitorsTelesatNASDAQ:TSATMynaricNASDAQ:MYNAEltekNASDAQ:ELTKGANNASDAQ:GANInseegoNASDAQ:INSGView All CompetitorsInsidersLouise P WinstoneSold 9,184 sharesTotal: $8,724.80 ($0.95/share)Twilio IncSold 5,000,000 sharesTotal: $2.85 M ($0.57/share)Romil BahlBought 2,514 shares on 11/21/2023Total: $1,508.40 ($0.60/share)Romil BahlBought 10,000 shares on 11/16/2023Total: $4,500.00 ($0.45/share)Romil BahlBought 10,000 shares on 6/6/2023Total: $14,400.00 ($1.44/share)View All Insider Transactions KORE Stock Analysis - Frequently Asked Questions Should I buy or sell KORE Group stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KORE Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KORE shares. View KORE analyst ratings or view top-rated stocks. What is KORE Group's stock price target for 2024? 5 brokers have issued 12-month price targets for KORE Group's stock. Their KORE share price targets range from $0.70 to $5.00. On average, they anticipate the company's stock price to reach $2.94 in the next year. This suggests a possible upside of 280.6% from the stock's current price. View analysts price targets for KORE or view top-rated stocks among Wall Street analysts. How have KORE shares performed in 2024? KORE Group's stock was trading at $0.9802 at the beginning of 2024. Since then, KORE shares have decreased by 21.2% and is now trading at $0.7724. View the best growth stocks for 2024 here. Are investors shorting KORE Group? KORE Group saw a drop in short interest in April. As of April 30th, there was short interest totaling 135,300 shares, a drop of 10.4% from the April 15th total of 151,000 shares. Based on an average daily trading volume, of 49,400 shares, the short-interest ratio is currently 2.7 days. Currently, 0.4% of the company's stock are sold short. View KORE Group's Short Interest. When is KORE Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our KORE earnings forecast. How were KORE Group's earnings last quarter? KORE Group Holdings, Inc. (NYSE:KORE) issued its quarterly earnings results on Monday, April, 15th. The company reported ($0.26) EPS for the quarter. The business earned $72.47 million during the quarter. KORE Group had a negative net margin of 57.97% and a negative trailing twelve-month return on equity of 123.65%. What guidance has KORE Group issued on next quarter's earnings? KORE Group issued an update on its FY 2024 earnings guidance on Thursday, April, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $300.0 million-$305.0 million, compared to the consensus revenue estimate of $324.2 million. How do I buy shares of KORE Group? Shares of KORE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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