You Should Know These Things About Turkcell Iletisim Hizmetleri A.S. (TKC)

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As of Wednesday close, Turkcell Iletisim Hizmetleri A.S.’s (NYSE:TKC) stock traded at $4.21. The average number of shares traded per day over the past five days has been 352,760 shares. 4 times new highs have been achieved over the past 5 days, with a $0.15 gain in that time frame. In the last twenty days, the average volume was 558,375, while in the previous 50 days, it was 474,588.

Since last month, TKC stock rose 24.19%. Shares of the company fell to $3.26 on 10/28/22, the lowest level in the past month. A 52-week high of $4.45 was reached on 11/11/22 after having rallying from a 52-week low of $2.33. Since the beginning of this year, TKC’s stock price has risen by 17.27% or $0.62, and marked a new high 15 times. However, the stock has declined by -5.41% since its 52-week high.


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Valuation Metrics

Right now, Turkcell Iletisim Hizmetleri A.S. (TKC) has a P/E ratio of about 10.58. The stock’s beta is 0.68. Besides these, the trailing price-to-sales (P/S) ratio of 1.48, the price-to-book (PB) ratio of 2.66, and the price-to-cash flow ratio of 3.62 may also be considered.

The latest dividend of $0.0826 per share was paid out, which is -25.18% less than last year’s $0.1104. On Wednesday June 22 2022, a $0.0278 dividend decrease was announced.

Financial Health

In the three months ended September 29, Turkcell Iletisim Hizmetleri A.S.’s quick ratio stood at 1.90, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.48, and the total debt-to-equity ratio was 2.03. On the profitability front, the trailing twelve-month gross margin is 30.40% percent. In the year ended September 29, EBITDA margin amounted to 41.87%, whereas operating margins totaled 42.90%. Based on annual data, TKC earned $1.24 billion in gross profit and brought in $4.16 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 24.60%. Return on equity (ROE) for the past 12 months was 27.00%.

In Turkcell Iletisim Hizmetleri A.S.’s quarter-end financial report for September 29, it reported total debt of $769.9 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TKC’s revenue rose 18.98% during the quarter, while net income inched up to $35.92 billion. While analysts expected Turkcell Iletisim Hizmetleri A.S. to report $0.14 quarterly earnings, the actual figure was $0.15 per share, beating the consensus estimate by 7.10%. During the quarter, the company generated $440.71 million in EBITDA. The liabilities of Turkcell Iletisim Hizmetleri A.S. were 3.63 billion at the end of its most recent quarter ended September 29.

Technical Picture

This quick technical analysis looks at Turkcell Iletisim Hizmetleri A.S.’s (TKC) price momentum. With a historical volatility rate of 35.75%, the RSI 9-day stood at 67.75% on 23 November.

With respect to its five-day moving average, the current Turkcell Iletisim Hizmetleri A.S. price is up by +3.69% percent or $0.15. At present, TKC shares trade +27.19% above its 20-day simple moving average and +60.69% percent above its 100-day simple moving average. However, the stock is currently trading approximately +22.74% above its SMA50 and +24.19% above its SMA200.

Stochastic coefficient K was 68.77% and Stochastic coefficient D was 64.88%, while ATR was 0.15. Given the Stochastic reading of 71.02% for the 14-day period, the RSI (14) reading has been calculated as 67.69%. As of today, the MACD Oscillator reading stands at 0.03, while the 14-day reading stands at 0.08.

Analyst Ratings

Turkcell Iletisim Hizmetleri A.S. downgraded its rating on Turkcell Iletisim Hizmetleri A.S. (NYSE: TKC) to a Neutral in a note to investors on December 07, 2021. The analysts firm previously had a Buy rating on the stock.Turkcell Iletisim Hizmetleri A.S. (TKC) has been rated Overweight by analysts. According to 0 brokerage firms, TKC is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Turkcell Iletisim Hizmetleri A.S. stock as buy, with 6 recommending it as overweight.

With a median target price of $4.30, the current consensus forecast for the stock is $2.12 – $5.60. Based on these forecasts, analysts predict Turkcell Iletisim Hizmetleri A.S. (TKC) will achieve an average price target of $4.17.

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