KT Stock Recent News
KT LATEST HEADLINES
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 Corp. (KT) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Sell-side analysts in general have a positive opinion of KT Corporation based on a review of consensus target prices, financial projections, and investment ratings. KT Corporation's shares can command a higher valuation if the company pays out dividends more frequently and raises its dividend payout ratio.
KT Corporation (NYSE:KT ) Q3 2022 Results Conference Call November 8, 2022 1:00 AM ET Company Participants Kim Young Jin - CFO Conference Call Participants Hoi Jae Kim - Daishin Securities Joonsop Kim - KB Securities Neale Anderson - HSBC Unidentified Company Representative [Foreign language] Good afternoon. Let's begin KT's Third Quarter 2022 Earnings Presentation.
The prospects of KT Corporation's telecom business are good, considering the potential uplift in wireless ARPUs from an increase in 5G penetration rate and the introduction of value-added services. KT's non-telecom businesses like media & content and cloud & internet data center stand out for their growth potential.
KT Corp. (KT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
We believe that ARPU trend reversal and subsidiaries going public are catalysts likely to move the stock. KT is a cheap stock, likely due to the lack of exciting growth story. But things may soon change, thus providing an opportunity for investors.
The accelerated pace of 5G deployment should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. KT, PHI and CRNT are well-positioned to make the most of the demand for seamless connectivity solutions.
KT Corporation provides stability in an uncertain macroeconomic environment. Stable cash flow and dividend will serve as great inflation hedges.
KT Corporation (NYSE:KT ) Q2 2022 Results Conference Call August 10, 2022 2:00 AM ET Company Participants Seung Hoon Chi - Investor Relations Officer Young Jin Kim - Chief Financial Officer Conference Call Participants Joonsop Kim - KB Securities Hoi Jae Kim - Daishin Securities Seyon Park - Morgan Stanley Operator Good morning, and good evening. Thank you all for joining this conference call.