KT Stock Recent News

AXS, KT and DOLE made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 19, 2024.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors interested in Wireless Non-US stocks are likely familiar with KT Corp. (KT) and TIM S.A. Sponsored ADR (TIMB).

Investors interested in Wireless Non-US stocks are likely familiar with KT Corp. (KT) and SK Telecom (SKM). But which of these two companies is the best option for those looking for undervalued stocks?

The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. SKM, KT and CRNT are well-positioned to make the most of the demand for seamless connectivity solutions.

The key positive factors for KT include favorable shareholder capital return expectations, the latest collaboration with Microsoft, and the improvement in the competitive dynamics for its telecommunications business. KT Corporation's valuations are undemanding as evidenced by its low-single digit forward EV/EBITDA multiple. I raise my rating for KT stock from a Hold to a Buy, following an analysis of the stock's valuation metrics and positive re-rating drivers.

KT Corporation (NYSE:KT ) Q1 2024 Earnings Conference Call May 9, 2024 9:00 PM ET Company Participants Min Jang - Chief Financial Officer Conference Call Participants Soojin Kim - Mirae Securities Jisoo Jeong - Meritz Securities Joonsop Kim - KB Securities Operator [Foreign Language] Good morning and good evening. Thank you all for joining this conference call.

The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. TIMB, SKM and KT are well-positioned to make the most of the demand for seamless connectivity solutions.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

KT Corporation (KT) Q4 2023 Earnings Call Transcript