Mobile TeleSystems Public Joint Stock Company (NYSE:MBT) does about 3.51M shares in volume on a normal day but saw 5455626 shares change hands in Monday trading. The company now has a market cap of 9.10B USD and an enterprise value of about $13.13B. Its current market price is $9.32, marking a decrease of -2.41% compared to the previous close of $9.55. The 52 week high reached by this stock is $11.00 whilst the lowest price level in 52 weeks is $6.20. The script in recent trading has seen the stock touch a high of $9.55 and a low of $9.31.
Mobile TeleSystems Public Joint Stock Company (MBT) has a 20-day trading average at $9.34 and the current price is -15.27% off the 52-week high compared with 50.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.18 and its 200-day simple moving average is $9.23. If we look at the stock’s price movements over the week, volatility stands at 2.12%, which decreases to 1.78% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 48.62 to suggest the stock is neutral.
13 analysts observing the Mobile TeleSystems Public Joint Stock Company (MBT) stock have set the 12-month price targets for the company’s shares at between $620.00 and $933.83. The median price target is 98.8% away from the current levels at $778.00.
FactSet Research has provided data showing that 13 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 9 analysts have rated it as a buy and 4 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 20, 2020 when Goldman upgraded the stock to “Buy” and issued a price target of . Credit Suisse downgraded the stock to “Neutral” from Outperform on February 07, 2018 at a price target of .
The current price level is -0.08%, 1.58%, and 1.67% away from its SMA20, SMA50, and SMA200 respectively, with the MBT price moving above the 50-day SMA on August 31. Mobile TeleSystems Public Joint Stock Company (MBT) stock is down -1.79% over the week and 5.19% over the past month. Its price is -5.11% year-to-date and 19.94% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of $0.09 below consensus estimates by -$0.05. The company’s next earnings report is expected on 11/17/2020, with forecasts estimating quarterly EPS at $0.23 and $0.89 for whole year. MBT’s earnings per share are forecast to grow by 8.50% this year and 20.20% over next year. Expected sales for next quarter are $1.76 billion, which analysts say will come at $6.6 billion for the current fiscal year and next year at $6.96 billion. In addition, estimates put the company’s current quarterly revenue at an average of $1.68 billion.
Its 12-month price target is $778.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $620.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $933.83.
Outstanding shares total 886.42M with insiders holding 0.00% of the shares and institutional holders owning 34.72% of the company’s common stock. The company has a return on investment of 18.50% and return on equity of 129.60%. The price to earnings ratio (P/E ratio) amounts to 12.18 while the forward price to earnings ratio is 8.78. The beta has a value of 1.02. Price to book ratio is 11.37 and price to sales ratio is 1.45.
According to a U.S. Securities and Exchange Commission filing, Lazard Emerging Markets Equity Po has reduced its position in Mobile TeleSystems Public Joint Stock Company (MBT) to 7,815,252 shares, mirroring a recent drop by -1.28%. Lazard Emerging Markets Equity Po dumped -0.1 million shares of Mobile TeleSystems Public Joint Stock Company common stock bringing its total worth to about $69.24 million at the end of recent close, SEC documents show. Lazard Emerging Markets Equity Po isn’t the only investment manager who changed stakes and is followed by Vanguard Emerging Markets Stock I, which sold off 25308.0 shares to end up with 6,011,232 shares worth $53.26 million. Vanguard Total International Stoc cut their holdings by -1.49% in the company over the course of the most recent quarter. It now holds a 0.46% position in Mobile TeleSystems Public Joint Stock Company thanks to 4.63 million shares amounting to $40.99 million.