NYSE:KORE KORE Group (KORE) Stock Price, News & Analysis $2.18 +0.07 (+3.32%) (As of 10/4/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About KORE Group Stock (NYSE:KORE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get KORE Group alerts:Sign Up Key Stats Today's Range$2.08▼$2.2850-Day Range$2.02▼$3.6352-Week Range$1.30▼$6.45Volume4,825 shsAverage Volume30,048 shsMarket Capitalization$36.27 millionP/E RatioN/ADividend YieldN/APrice Target$7.67Consensus RatingHold Company OverviewKORE 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… Next opportunity for crypto millions (Ad)"Uptober" is here, and it's not just a clever name. Historically, October ignites crypto's most explosive gains. This year could be off the charts. Don't let this opportunity pass you by. In crypto, timing is everything. Go here to discover the #1 crypto set to dominate Uptober. KORE Group Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks70th Percentile Overall ScoreKORE MarketRank™: KORE Group scored higher than 70% of companies evaluated by MarketBeat, and ranked 293rd out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.2 / 5Analyst RatingHold Consensus RatingKORE Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 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. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for KORE Group are expected to grow in the coming year, from ($5.64) to ($2.34) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KORE Group is -0.23, 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 -0.23, 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 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about KORE Group's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.98% 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 1.1, 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 14.16%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldKORE Group does not currently pay a dividend.Dividend GrowthKORE Group does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.98% 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 1.1, 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 14.16%, indicating that investor sentiment is improving significantly. News and Social Media1.8 / 5News Sentiment0.27 News SentimentKORE Group has a news sentiment score of 0.27. 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 0.54 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for KORE Group this week, compared to 2 articles on an average week. Company Ownership2.5 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, KORE Group insiders have not sold or bought any company stock.Percentage Held by Insiders30.60% of the stock of KORE Group is held by insiders. A high percentage of insider ownership can be a sign of company health.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. 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 KORE Stock News HeadlinesHead-To-Head Survey: Telecom Italia (OTCMKTS:TIIAY) & KORE Group (NYSE:KORE)September 30, 2024 | americanbankingnews.comAutodesk Top Pick at Morgan Stanley amid margin opportunity, robust catalyst pathSeptember 30, 2024 | za.investing.comThe panic button has already been pressedIf you missed it, my emergency election broadcast is now available - but will be removed on Monday at midnight.October 5, 2024 | Porter & Company (Ad)Oil prices slump on oversupply concerns as Saudi-led OPEC+ eyes production hikeSeptember 29, 2024 | za.investing.comKORE Group Holdings, Inc. (NYSE:KORE) Short Interest UpdateSeptember 28, 2024 | americanbankingnews.comWhy Swatch stock surged this weekSeptember 27, 2024 | za.investing.comInternational Oscar Race: ‘Reinas,' Prizewinner at Berlin and Locarno, Selected by SwitzerlandSeptember 26, 2024 | msn.comFirst Baptist’s Joseph Martinez has built himself up to be cornerstone of state-championSeptember 25, 2024 | dallasnews.comSee More Headlines KORE Stock Analysis - Frequently Asked Questions How have KORE shares performed this year? KORE Group's stock was trading at $4.9010 at the start of the year. Since then, KORE shares have decreased by 55.5% and is now trading at $2.18. View the best growth stocks for 2024 here. How were KORE Group's earnings last quarter? KORE Group Holdings, Inc. (NYSE:KORE) released its earnings results on Thursday, August, 15th. The company reported ($0.99) EPS for the quarter, missing the consensus estimate of ($0.68) by $0.31. The business earned $67.87 million during the quarter, compared to analysts' expectations of $73.37 million. KORE Group had a negative net margin of 74.03% and a negative trailing twelve-month return on equity of 389.39%. When did KORE Group's stock split? Shares of KORE Group reverse split before market open on Monday, July 1st 2024. The 1-5 reverse split was announced on Monday, July 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, July 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. 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. Company Calendar Last Earnings8/15/2024Today10/05/2024Next Earnings (Estimated)11/14/2024Fiscal 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$7.67 High Stock Price Target$17.50 Low Stock Price Target$2.00 Potential Upside/Downside+251.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($9.40) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-167,040,000.00 Net Margins-74.03% Pretax Margin-75.84% Return on Equity-389.39% Return on Assets-15.95% Debt Debt-to-Equity Ratio13.25 Current Ratio1.36 Quick Ratio1.24 Sales & Book Value Annual Sales$284.94 million Price / Sales0.13 Cash Flow$3.57 per share Price / Cash Flow0.61 Book Value$2.24 per share Price / Book0.97Miscellaneous Outstanding Shares16,639,000Free Float11,547,000Market Cap$36.27 million OptionableNot Optionable Beta2.47 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? 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