Zacks: Analysts Expect Mobile TeleSystems (NYSE:MBT) Public Stock to Post Earnings of $0.20 Per Share
Analysts expect Mobile TeleSystems Public Joint Stock (NYSE:MBT – Get a rating) will post earnings per share (EPS) of $0.20 for the current fiscal quarter, according to Zacks. Zero analysts provided earnings estimates for Mobile TeleSystems Public Joint Stock. Mobile TeleSystems Public Joint Stock also posted earnings of $0.20 per share in the same quarter last year. The company is expected to release its next quarterly results on Thursday, March 3.
Analysts expect Mobile TeleSystems Public Joint Stock to report annual earnings of $0.78 per share for the current fiscal year, with EPS estimates ranging from $0.59 to $0.93, according to Zacks. . For the next fiscal year, analysts expect the company to post earnings of $0.80 per share, with EPS estimates ranging from $0.58 to $0.97. Zacks Investment Research EPS Averages are an average average based on a survey of sell-side research companies that track Mobile TeleSystems Public Joint Stock.
Several research analysts have recently weighed in on MBT shares. StockNews.com moved Mobile TeleSystems Public Joint Stock from a “strong buy” rating to a “buy” rating in a Sunday, February 13 research report. Zacks Investment Research raised Mobile TeleSystems Public Joint Stock from a “sell” rating to a “hold” rating in a research report on Wednesday, January 26.
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A number of hedge funds and other institutional investors have recently changed their holdings of MBT. UBS Asset Management Americas Inc. increased its position in Mobile TeleSystems Public Joint Stock by 193.0% during the third quarter. UBS Asset Management Americas Inc. now owns 11,326,540 shares of the wireless communications provider valued at $109,188,000 after buying an additional 7,460,853 shares in the last quarter. Barings LLC increased its position in Mobile TeleSystems Public Joint Stock by 2,547.6% during the third quarter. Barings LLC now owns 2,388,620 shares of the wireless communications provider valued at $23,026,000 after buying an additional 2,298,401 shares in the last quarter. Amundi acquired a new position in Mobile TeleSystems Public Joint Stock during the second quarter worth approximately $18,389,000. Millennium Management LLC increased its position in Mobile TeleSystems Public Joint Stock by 99.9% during the fourth quarter. Millennium Management LLC now owns 2,772,193 shares of the wireless communications provider valued at $22,039,000 after purchasing an additional 1,385,098 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its position in Mobile TeleSystems Public Joint Stock by 5,415.7% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,119,679 shares of the wireless communications provider valued at $10,794,000 after buying an additional 1,099,379 shares in the last quarter. 21.53% of the shares are held by hedge funds and other institutional investors.
MBT Stock opened at $6.02 on Friday. The company has a debt ratio of 174.63, a current ratio of 0.58 and a quick ratio of 0.54. The stock has a market capitalization of $6.02 billion, a P/E ratio of 6.08, a P/E/G ratio of 1.39 and a beta of 1.00. The company has a 50-day moving average of $7.60 and a 200-day moving average of $8.52. Mobile TeleSystems Public Joint Stock has a fifty-two week low of $5.36 and a fifty-two week high of $10.07.
Mobile TeleSystems Joint Stock Company Profile (Get a rating)
Mobile TeleSystems PJSC provides mobile, fixed and digital services. It offers wireless Internet access and fixed voice, broadband and pay TV. The Company operates through the following segments: Russia Convergent, Moscow Landline, Ukraine, MTS Bank and Others. The Convergent Russia segment represents the results of the mobile and fixed telephony businesses, which encompass services rendered to customers in all regions of Russia, including voice and data services, transmission, broadband, pay-TV and miscellaneous. value-added services and retail operations.
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