Shares of Koninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $4.69, but opened at $4.54. Koninklijke KPN shares last traded at $4.6950, with a volume of 6,973 shares changing hands.
Wall Street Analyst Weigh In
Separately, Kepler Capital Markets upgraded shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy”.
Check Out Our Latest Analysis on Koninklijke KPN
Koninklijke KPN Stock Up 3.6%
Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.09%.The firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.68 billion. As a group, analysts anticipate that Koninklijke KPN NV will post 0.27 earnings per share for the current fiscal year.
Koninklijke KPN Company Profile
Koninklijke KPN N.V. (Royal KPN) is a Dutch telecommunications and ICT services company headquartered in The Hague. The group traces its origins to the Dutch national postal and telecommunications service and evolved into a privatized commercial operator. KPN is primarily listed on Euronext Amsterdam and its American depositary receipts trade over the counter under the symbol KKPNF.
KPN’s core activities cover a full range of telecommunications and digital infrastructure services. For consumer markets it offers fixed-line and mobile voice services, broadband internet, television and bundled connectivity packages.
Featured Stories
- Five stocks we like better than Koninklijke KPN
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
- Why Lowe’s Could Be a Bargain Before Housing Recovers
Receive News & Ratings for Koninklijke KPN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke KPN and related companies with MarketBeat.com's FREE daily email newsletter.
