Kore Group Stock Analysis

KORE -  USA Stock  

USD 6.10  0.01  0.16%

The latest indifference towards the small price fluctuations of Kore Group Holdings may raise some interest from shareholders. The stock closed today at a share price of 6.10 on 90,600 in trading volume. The company directors and management did not add any value to Kore Group Holdings investors in December. However, most investors can still diversify their portfolios with Kore Group Holdings to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.42. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Kore Group Holdings partners.
Please see Stocks Correlation.

Kore Group Stock Analysis 

 
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The Kore Group stock analysis report makes it easy to digest most publicly released information about Kore Group and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Kore Group Stock analysis module also helps to analyze the Kore Group price relationship with some important fundamental indicators such as market cap and management efficiency.

Kore Group Stock Analysis Notes

About 23.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.6. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kore Group Holdings recorded a loss per share of 158.0. The entity had not issued any dividends in recent years. KORE Group Holdings, Inc. provides Internet of Things services and solutions worldwide. The company was founded in 2002 and is headquartered in Alpharetta, Georgia. Kore Group operates under Shell Companies classification in the United States and is traded on New York Stock Exchange. It employs 502 people. To find out more about Kore Group Holdings contact the company at 877-710-5673 or learn more at https://www.korewireless.com.

Kore Group Quarterly Cost of Revenue

34.96 MillionShare

Kore Group Holdings Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Kore Group's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Kore Group Holdings or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Kore Group Holdings has very high historical volatility over the last 90 days
Kore Group Holdings has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 241.38 M. Net Loss for the year was (53.36 M) with profit before overhead, payroll, taxes, and interest of 115.83 M.
Kore Group Holdings currently holds about 72.69 M in cash with (1.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.01.
Kore Group Holdings has a frail financial position based on the latest SEC disclosures
Roughly 65.0% of the company shares are owned by institutional investors
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Kore Group Holdings Upcoming and Recent Events

Earnings reports are used by Kore Group to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Kore Group previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report21st of February 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End21st of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Kore Group Largest EPS Surprises

Earnings surprises can significantly impact Kore Group's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-11-15
2021-09-30-0.06-0.27-0.21350 
View All Earnings Estimates

Kore Group SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Kore Group prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Kore Group investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Kore Group Holdings specific information freely available to individual and institutional investors to make a timely investment decision.
7th of January 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
20th of December 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
29th of November 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
23rd of November 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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15th of November 2021
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
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8th of November 2021
Unclassified Corporate Event
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3rd of November 2021
Financial Statements and Exhibits. Unregistered Sales of Equity Securities. Entry into a Material Definitive Agreement
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27th of October 2021
Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Completion of Acquisition or Disposition of Assets
View

Kore Group Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Kore Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kore Group Holdings backward and forwards among themselves. Kore Group's institutional investor refers to the entity that pools money to purchase Kore Group's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Serengeti Asset Management LpCall Options70 M572.6 M
Fortress Investment Group LlcCommon Shares1.2 M9.6 M
Bank Of MontrealCommon Shares1000 K9.3 M
Millennium Management LlcCommon Shares965.5 K7.5 M
Cohanzick Management LlcCommon Shares847 K6.8 M
Granite Point Capital Management LpCommon Shares600 KM
Periscope Capital IncCommon Shares550 K5.5 M
Hbk Investments L PCommon Shares498.9 KM
Note, although Kore Group's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Kore Group Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 455.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kore Group's market, we take the total number of its shares issued and multiply it by Kore Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Kore Group Profitablity

Kore Group's profitability indicators refer to fundamental financial ratios that showcase Kore Group's ability to generate income relative to its revenue or operating costs. If, let's say, Kore Group is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Kore Group's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Kore Group's profitability requires more research than a typical breakdown of Kore Group's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (11.68) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (6.53) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.07.
Last ReportedProjected for 2022
Return on Average Assets(0.0441) (0.0476) 
Return on Average Equity(0.64) (0.69) 
Return on Invested Capital(0.0477) (0.05) 
Return on Sales(0.07) (0.08) 

Management Efficiency

The entity has return on total asset (ROA) of (365.05) % which means that it has lost $365.05 on every $100 spent on asset. This is way below average. Kore Group management efficiency ratios could be used to measure how well kore group holdings manages its routine affairs as well as how well it operates its assets and liabilities. As of January 23, 2022, Return on Average Assets is expected to decline to -0.05. In addition to that, Return on Average Equity is expected to decline to -0.69. Kore Group Assets Non Current are projected to decrease significantly based on the last few years of reporting. The past year's Assets Non Current were at 573.99 Million. The current year Goodwill and Intangible Assets is expected to grow to about 565 M, whereas Tax Assets are forecasted to decline to about 119.9 K.
Last ReportedProjected for 2022
Book Value per Share 0.08  0.08 
Enterprise Value over EBIT(18.00) (19.42) 
Enterprise Value over EBITDA 8.79  8.74 
Price to Book Value 15.42  15.33 
Tangible Assets Book Value per Share 0.39  0.39 
Enterprise Value311.8 M310 M
Tangible Asset Value88.6 M88 M

Technical Drivers

As of the 23rd of January, Kore Group secures the Downside Deviation of 3.07, mean deviation of 2.61, and Risk Adjusted Performance of 0.0153. Kore Group Holdings technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Kore Group, which can be compared to its peers in the industry. Please verify Kore Group Holdings variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Kore Group Holdings is priced some-what accurately, providing market reflects its recent price of 6.1 per share. Given that Kore Group Holdings has jensen alpha of 0.0759, we recommend you to check Kore Group's last-minute market performance to make sure the company can sustain itself at a future point.

Kore Group Holdings Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Exponential Moving Average is calculated by weighting recent values of Kore Group Holdings more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Kore Group Holdings Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Kore Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Kore Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Kore Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Kore Group Predictive Daily Indicators

Kore Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Kore Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Kore Group Forecast Models

Kore Group time-series forecasting models is one of many Kore Group's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Kore Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Kore Group Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Kore Group stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Kore Group shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Kore Group. By using and applying Kore Group Stock analysis, traders can create a robust methodology for identifying Kore Group entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.15  0.17 
Gross Margin 0.49  0.50 
Profit Margin(0.15) (0.16) 
KORE Group Holdings, Inc. provides Internet of Things services and solutions worldwide. The company was founded in 2002 and is headquartered in Alpharetta, Georgia. Kore Group operates under Shell Companies classification in the United States and is traded on New York Stock Exchange. It employs 502 people.

Current Kore Group Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Kore Group analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Kore Group analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
12.63Buy4Odds
Kore Group Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Kore Group analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Kore Group stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kore Group Holdings, talking to its executives and customers, or listening to Kore Group conference calls.
Kore Group Analyst Advice Details

Kore Group Stock Analysis Indicators

Kore Group Holdings stock analysis indicators help investors evaluate how Kore Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Kore Group shares will generate the highest return on investment. By understating and applying Kore Group stock analysis, traders can identify Kore Group position entry and exit signals to maximize returns.
Quick Ratio2.24
Fifty Two Week Low5.90
Revenue Growth22.80%
Shares Short Prior Month722.53k
Average Daily Volume Last 10 Day110.26k
Average Daily Volume In Three Month272.53k
Shares Percent Shares Out1.02%
Gross Margins51.91%
Forward Price Earnings-17.58
Float Shares32.08M
Fifty Two Week High11.24
Enterprise Value To Ebitda22.67
Fifty Day Average7.03
Two Hundred Day Average8.83
Enterprise Value To Revenue3.36
Please see Stocks Correlation. Note that the Kore Group Holdings information on this page should be used as a complementary analysis to other Kore Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Kore Group Holdings price analysis, check to measure Kore Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kore Group is operating at the current time. Most of Kore Group's value examination focuses on studying past and present price action to predict the probability of Kore Group's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kore Group's price. Additionally, you may evaluate how the addition of Kore Group to your portfolios can decrease your overall portfolio volatility.
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Is Kore Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kore Group. If investors know Kore Group will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kore Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Kore Group Holdings is measured differently than its book value, which is the value of Kore Group that is recorded on the company's balance sheet. Investors also form their own opinion of Kore Group's value that differs from its market value or its book value, called intrinsic value, which is Kore Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kore Group's market value can be influenced by many factors that don't directly affect Kore Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kore Group's value and its price as these two are different measures arrived at by different means. Investors typically determine Kore Group value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kore Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.