KT (KT) to Release Quarterly Earnings on Friday

KT (NYSE:KT) is anticipated to release its Q1 2025 earnings data before the market opens on Friday, May 23rd. Analysts expect KT to post earnings of $0.79 per share and revenue of $4.99 billion for the quarter.

KT Trading Up 0.8%

KT stock opened at $19.36 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.98 and a current ratio of 1.04. The company’s 50-day simple moving average is $18.24 and its 200 day simple moving average is $17.16. KT has a 52 week low of $13.11 and a 52 week high of $20.28. The company has a market capitalization of $9.98 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 0.37 and a beta of 0.68.

Institutional Investors Weigh In On KT

A hedge fund recently raised its stake in KT stock. Royal Bank of Canada increased its position in shares of KT Co. (NYSE:KT) by 1.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 102,808 shares of the technology company’s stock after purchasing an additional 1,078 shares during the quarter. Royal Bank of Canada’s holdings in KT were worth $1,820,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 18.86% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on KT. StockNews.com upgraded shares of KT from a “buy” rating to a “strong-buy” rating in a research note on Monday. The Goldman Sachs Group upgraded shares of KT from a “neutral” rating to a “buy” rating in a research note on Monday, March 3rd. Finally, UBS Group began coverage on shares of KT in a research note on Wednesday, February 19th. They issued a “buy” rating on the stock.

About KT

KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased line services, as well as broadband Internet connection services.