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Tuesday, June 6, 2023

Is KT Corporation (NYSE: KT) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for KT Corporation (KT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.04, or -0.35%, to $11.54. The KT Corporation has recorded 15,450 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that KT Corp. Files 2022 Annual Report on Form 20-F.

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Stocks Info

KT belongs to the Communication Services sector of the NYSE while operating in the Telecom Services industry. At the end of the last regular session, the stock closed at $11.58 and fluctuated between $11.65 as its day high and $11.49 as its day low. The current market capitalization of KT Corporation is $6.05B. A total of 1.63 million shares were traded on the day, compared to an average of 1.23M shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. KT Corporation pays an annual dividend of $0.73, resulting in a dividend yield of 6.30%, and it has a price to earnings (P/E) ratio of 5.88. KT’s most recent ex-dividend date was 12/30/2021 when it declared a $0.6360 quarterly dividend that was paid in cash on 5/4/2022.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for KT in the last 3 months, the mean price target is $16.14 with high estimates of $26.69 and low estimates of $11.45. In terms of 52-week highs and lows, KT has a high of $15.23 and a low of $11.11.

As of this writing, KT has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. KT’s latest balance sheet shows that the firm has $4.21T in Cash & Short Term Investments as of fiscal 2021. There were $8.44T in debt and $10.07T in liabilities at the time. Its Book Value Per Share was $24.32, while its Total Shareholder’s Equity was $16.57T.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KT is Buy with a score of 4.33.

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