NYSE:KORE KORE Group (KORE) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free KORE Stock Alerts $0.78 -0.02 (-2.47%) (As of 02:58 PM ET) Add Compare Share Share Today's Range$0.74▼$0.8250-Day Range$0.67▼$1.0952-Week Range$0.32▼$1.76Volume3,819 shsAverage Volume118,361 shsMarket Capitalization$65.16 millionP/E RatioN/ADividend YieldN/APrice Target$2.94 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get KORE Group alerts: Email Address KORE Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside275.4% Upside$2.94 Price TargetShort InterestHealthy0.45% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.02Based on 2 Articles This WeekInsider TradingSelling Shares$8,725 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.42) to ($0.34) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.29 out of 5 starsComputer And Technology Sector429th out of 586 stocksCommunication Services, Not Elsewhere Classified Industry6th out of 8 stocks 3.3 Analyst's Opinion Consensus RatingKORE Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageKORE Group has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.45% of the float of KORE Group has been sold short.Short Interest Ratio / Days to CoverKORE Group has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in KORE Group has recently decreased by 1.63%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldKORE Group does not currently pay a dividend.Dividend GrowthKORE Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KORE. Previous Next 1.7 News and Social Media Coverage News SentimentKORE Group has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for KORE Group this week, compared to 2 articles on an average week.MarketBeat Follows3 people have added KORE Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KORE Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,725.00 in company stock.Percentage Held by InsidersOnly 0.80% of the stock of KORE Group is held by insiders.Percentage Held by Institutions57.45% of the stock of KORE Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for KORE Group are expected to grow in the coming year, from ($0.42) to ($0.34) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KORE Group is -0.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of KORE Group is -0.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKORE Group has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About KORE Group Stock (NYSE:KORE)KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology and applications for the Machine-to-Machine market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. The company was founded in 2002 and is headquartered in Atlanta, Georgia.Read More KORE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KORE Stock News HeadlinesApril 25, 2024 | finance.yahoo.comDan Cebula, Vice President for Connected Health at KORE, Appointed to Board of Directors for The Medical Alert Monitoring AssociationApril 25, 2024 | americanbankingnews.comKORE Group (NYSE:KORE) vs. Ayro (NASDAQ:AYRO) Head-To-Head ComparisonApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 15, 2024 | markets.businessinsider.comKORE Stock Earnings: Kore Group Holdings Misses EPS, Misses Revenue for Q4 2023April 15, 2024 | finance.yahoo.comKORE helps GoRout Tackle Communication Between Players and CoachesApril 14, 2024 | seekingalpha.comKORE Group Holdings, Inc. (KORE) Q4 2023 Earnings Call TranscriptApril 12, 2024 | finance.yahoo.comKore Group Holdings Inc (KORE) Q4 2023 Earnings Call Transcript Highlights: A Mixed Bag of ...April 11, 2024 | finance.yahoo.comQ4 2023 KORE Group Holdings Inc Earnings CallApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 11, 2024 | finance.yahoo.comKORE Reports Fourth Quarter and Full Year 2023 Results; Provides Full-Year 2024 Revenue Guidance of $300 to $305 Million Driven by IoT ConnectivityApril 11, 2024 | prnewswire.comKORE Reports Fourth Quarter and Full Year 2023 Results; Provides Full-Year 2024 Revenue Guidance of $300 to $305 Million Driven by IoT ConnectivityApril 10, 2024 | markets.businessinsider.comKORE Group is about to announce its earnings — here's what to expectApril 8, 2024 | prnewswire.comKORE to Report Fourth Quarter and Full Year 2023 Results on April 11, 2024April 5, 2024 | msn.comCould AI replace real estate agents?April 4, 2024 | msn.comIwi Chairs Forum reps pull out of anti-racism plan due to 'continued racist rhetoric'April 3, 2024 | finance.yahoo.comDalio Defends His Decades-Long Investment in ChinaApril 3, 2024 | yahoo.com28 movies you should check out at the 2024 Milwaukee Film FestivalApril 2, 2024 | finance.yahoo.comPositive Signs As Multiple Insiders Buy KORE Group Holdings StockApril 2, 2024 | msn.comKore Potash Advances Towards Kola Project Financing with Significant Developments in 2023March 31, 2024 | msn.comKirsten Dunst admits filming the iconic Spider-Man upside-down kiss was "miserable"March 29, 2024 | msn.com3 Body Problem star had a “crisis” over “brutal” Auggie sceneMarch 29, 2024 | msn.comThe Apprentice 2024 airs bombshell firing twistMarch 28, 2024 | lse.co.ukKore Potash plans to raise more funds as annual loss narrowsMarch 25, 2024 | msn.comFacing Harvard inhospitality, academic delegation seeks to expand dialogue on IsraelMarch 24, 2024 | seekingalpha.comKORE KORE Group Holdings, Inc.March 14, 2024 | msn.comEmpire Issue Preview: Furiosa, Civil War, Abigail, The Sopranos, Carl WeathersMarch 14, 2024 | msn.comThe best fine dining restaurant in Sacramento—plus, see the rest of the 19 best, according to dinersSee More Headlines Receive KORE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KORE Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/15/2024Today4/25/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:KORE CUSIPN/A CIK1855457 Webwww.korewireless.com Phone877-710-5673FaxN/AEmployees595Year FoundedN/APrice Target and Rating Average Stock Price Target$2.94 High Stock Price Target$5.00 Low Stock Price Target$0.70 Potential Upside/Downside+270.0%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.93) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-167,040,000.00 Net Margins-60.39% Pretax Margin-61.89% Return on Equity-85.34% Return on Assets-14.75% Debt Debt-to-Equity Ratio8.01 Current Ratio1.37 Quick Ratio1.26 Sales & Book Value Annual Sales$276.61 million Price / Sales0.24 Cash Flow$0.72 per share Price / Cash Flow1.11 Book Value$0.45 per share Price / Book1.77Miscellaneous Outstanding Shares83,200,000Free Float82,531,000Market Cap$66.12 million OptionableNot Optionable Beta2.81 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Romil Bahl (Age 55)CEO, President & Director Comp: $1.05MMr. Tushar K. Sachdev (Age 51)CTO & Executive VP of Analytics Comp: $419.58kMr. Bryan A. Lubel (Age 60)Executive VP & GM of Global Industries Comp: $347.45kMr. Paul Holtz (Age 47)Executive VP, CFO, Treasurer, Principal Financial Officer & Principal Accounting Officer Mr. Rajesh GuptaSenior Vice President of CX & OperationsVik VijayvergiyaVice President of Investor RelationsMr. Jack William Kennedy Jr. (Age 48)Executive VP, Chief Legal Officer & Secretary Ms. Louise P. Winstone (Age 45)Executive VP & Chief HR Officer Mr. Steven JonesSenior Vice President of Carrier ManagementMr. Pete WestSenior Vice President of Sales - North AmericaMore ExecutivesKey CompetitorsTelesatNASDAQ:TSATMynaricNASDAQ:MYNASlamNASDAQ:SLAMAmtech SystemsNASDAQ:ASYSAmerican Battery TechnologyNASDAQ:ABATView All CompetitorsInsiders & InstitutionsFortress Investment Group LLCSold 336,877 shares on 2/14/2024Ownership: 1.281%Louise P WinstoneSold 9,184 sharesTotal: $8,724.80 ($0.95/share)Worth Venture Partners LLCBought 37,038 shares on 2/9/2024Ownership: 0.043%Twilio IncSold 5,000,000 sharesTotal: $2.85 M ($0.57/share)Romil BahlBought 2,514 shares on 11/21/2023Total: $1,508.40 ($0.60/share)View All Insider TransactionsView All Institutional Transactions KORE Stock Analysis - Frequently Asked Questions Should I buy or sell KORE Group stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KORE Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KORE shares. View KORE analyst ratings or view top-rated stocks. What is KORE Group's stock price target for 2024? 5 Wall Street analysts have issued 1-year price objectives for KORE Group's shares. Their KORE share price targets range from $0.70 to $5.00. On average, they expect the company's share price to reach $2.94 in the next year. This suggests a possible upside of 275.4% from the stock's current price. View analysts price targets for KORE or view top-rated stocks among Wall Street analysts. How have KORE shares performed in 2024? KORE Group's stock was trading at $0.9802 at the start of the year. Since then, KORE stock has decreased by 20.1% and is now trading at $0.7832. View the best growth stocks for 2024 here. Are investors shorting KORE Group? KORE Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 146,500 shares, an increase of 55.7% from the February 29th total of 94,100 shares. Based on an average daily trading volume, of 181,700 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the stock are short sold. View KORE Group's Short Interest. When is KORE Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our KORE earnings forecast. How were KORE Group's earnings last quarter? KORE Group Holdings, Inc. (NYSE:KORE) issued its quarterly earnings data on Monday, April, 15th. The company reported ($0.26) EPS for the quarter. The company had revenue of $72.47 million for the quarter. KORE Group had a negative net margin of 60.39% and a negative trailing twelve-month return on equity of 85.34%. What guidance has KORE Group issued on next quarter's earnings? KORE Group updated its FY 2024 earnings guidance on Thursday, April, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $300.0 million-$305.0 million, compared to the consensus revenue estimate of $324.2 million. How do I buy shares of KORE Group? Shares of KORE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:KORE) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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