Kore Group Holdings Stock Today
| KORE Stock | USD 0.80 0.01 1.27% |
Performance0 of 100
| Odds Of DistressOver 58
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KORE Group is trading at 0.8 as of the 19th of April 2024, a 1.27 percent increase since the beginning of the trading day. The stock's lowest day price was 0.76. KORE Group has over 58 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for KORE Group Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Telecommunication Services | IPO Date 1st of October 2021 | Category Communication Services |
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 Telecom Services classification in the United States and is traded on New York Stock Exchange. The company has 83.2 M outstanding shares of which 153.54 K shares are now shorted by private and institutional investors with about 3.01 trading days to cover. More on KORE Group Holdings
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 14th of May 2024
KORE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. KORE Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding KORE Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Romil Bahl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Telecommunication Services, Telecommunication Services, Communication Services, NYSE Composite, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering KORE Group report their recommendations after researching KORE Group's financial statements, talking to executives and customers, or listening in on KORE Group's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering KORE Group Holdings. The KORE consensus assessment is calculated by taking the average forecast from all of the analysts covering KORE Group. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of KORE Group's profitability, liquidity, and operating efficiency, KORE Group Holdings may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of KORE Group Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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KORE Group's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to KORE Group's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand KORE Group's financial leverage. It provides some insight into what part of KORE Group's total assets is financed by creditors.
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KORE Group Holdings (KORE) is traded on New York Stock Exchange in USA. It is located in 3 Ravinia Dr, Atlanta, GA, United States, 30022 and employs 600 people. KORE Group is listed under Diversified Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 65.73 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 those looking for more risk prefer small-cap and mid-cap equities. KORE Group Holdings conducts business under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 83.2 M outstanding shares of which 153.54 K shares are now shorted by private and institutional investors with about 3.01 trading days to cover.
KORE Group Holdings currently holds about 40.44 M in cash with (6.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check KORE Group Probability Of Bankruptcy
Ownership AllocationKORE Group Holdings holds a total of 83.2 Million outstanding shares. Over half of KORE Group's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in KORE Group Holdings. Please watch out for any change in the institutional holdings of KORE Group Holdings as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check KORE Ownership Details
KORE Stock Price Odds Analysis
What are KORE Group's target price odds to finish over the current price? Based on a normal probability distribution, the odds of KORE Group jumping above the current price in 90 days from now is about 66.64%. The KORE Group Holdings probability density function shows the probability of KORE Group stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1977. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, KORE Group will likely underperform. Additionally, kORE Group Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of KORE Group to move above the current price in 90 days from now is about 66.64 (This KORE Group Holdings probability density function shows the probability of KORE Stock to fall within a particular range of prices over 90 days) .
KORE Stock Institutional Holders
Institutional Holdings refers to the ownership stake in KORE Group that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of KORE Group's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing KORE Group's value.| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2023-12-31 | 128 K | |
| State Street Corporation | 2023-12-31 | 118.6 K | |
| Northern Trust Corp | 2023-12-31 | 84.9 K | |
| Worth Venture Partners, Llc | 2023-12-31 | 37 K | |
| Millennium Management Llc | 2023-12-31 | 32.7 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 30 K | |
| Jane Street Group, Llc | 2023-12-31 | 29.1 K | |
| Tower Research Capital Llc | 2023-12-31 | 17.8 K | |
| Hsbc Holdings Plc | 2023-12-31 | 15.7 K | |
| Kim, Llc | 2023-12-31 | 10 M | |
| Ci Private Wealth Llc | 2023-12-31 | 2.1 M |
KORE Group Historical Income Statement
KORE Group Holdings Income Statement is one of the three primary financial statements used for reporting KORE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of KORE Group Holdings revenue and expense. KORE Group Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, KORE Group's EBITDA is projected to decrease significantly based on the last few years of reporting. View More FundamentalsKORE Stock Against Markets
Picking the right benchmark for KORE Group stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in KORE Group stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for KORE Group is critical whether you are bullish or bearish towards KORE Group Holdings at a given time. Please also check how KORE Group's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in KORE Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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KORE Group Corporate Management
Elected by the shareholders, the KORE Group's board of directors comprises two types of representatives: KORE Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KORE. The board's role is to monitor KORE Group's management team and ensure that shareholders' interests are well served. KORE Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, KORE Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sunder Somasundaram | VP IoT | Profile | |
| Vik Vijayvergiya | Vice Relations | Profile | |
| Bryan Lubel | Executive Industries | Profile | |
| Louise Winstone | Executive Officer | Profile | |
| Steven Jones | Senior Management | Profile | |
| Pete West | Senior America | Profile |
How to buy KORE Stock?
Before investing in KORE Group, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in KORE Group. To buy KORE Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of KORE Group. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase KORE Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located KORE Group Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased KORE Group Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as KORE Group Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy KORE Stock please use our How to Invest in KORE Group guide.
Already Invested in KORE Group Holdings?
The danger of trading KORE Group Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of KORE Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than KORE Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile KORE Group Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether KORE Group Holdings is a strong investment it is important to analyze KORE Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KORE Group's future performance. For an informed investment choice regarding KORE Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KORE Group Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for KORE Stock analysis
When running KORE Group's 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 the 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 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.
Earnings Share (1.99) | Revenue Per Share 3.301 | Quarterly Revenue Growth 0.161 | Return On Assets (0.04) | Return On Equity (1.53) |
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE 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 if KORE Group is a good investment 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.