Somewhat Favorable News Coverage Somewhat Unlikely to Affect Telecom Argentina (NYSE:TEO) Stock Price

News articles about Telecom Argentina (NYSE:TEO) have been trending somewhat positive on Sunday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Telecom Argentina earned a daily sentiment score of 0.04 on Accern’s scale. Accern also gave media stories about the utilities provider an impact score of 45.7723718772251 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Telecom Argentina (NYSE TEO) opened at $38.77 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.93 and a quick ratio of 0.84. The firm has a market capitalization of $7,514.87, a price-to-earnings ratio of 17.00, a PEG ratio of 1.14 and a beta of 1.49. Telecom Argentina has a 12 month low of $18.71 and a 12 month high of $40.19.

The firm also recently disclosed a None dividend, which was paid on Monday, January 8th. Investors of record on Thursday, December 28th were paid a dividend of $1.219 per share. This represents a yield of 3.07%. The ex-dividend date was Wednesday, December 27th. Telecom Argentina’s payout ratio is presently 50.00%.

A number of research analysts have commented on TEO shares. Zacks Investment Research lowered Telecom Argentina from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Citigroup started coverage on Telecom Argentina in a research report on Monday, January 8th. They issued a “buy” rating and a $46.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Telecom Argentina currently has a consensus rating of “Buy” and a consensus price target of $33.75.

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About Telecom Argentina

Telecom Argentina SA provides fixed-line telecommunications services in Argentina, and also provides other telephone-related services, such as international long-distance service, data transmission, information technology solutions outsourcing and Internet services. The Company’s segments include Fixed Telecommunications Services (Fixed Services), Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services).

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