Extremely important negative changes in investment behavior have recently occurred for Telecom Argentina SA (NYSE: TEO): its longer term price trend turned down, its shorter term price trend turned down, and the stock fell on very heavy volume.
Telecom Argentina SA (NYSE: TEO). Notable negative changes in fundamentals have recently occurred. Negative developments: the stock’s power rating fell below 50, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, TEO is expected to continue to be a modest Value Builder.
Telecom Argentina has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Telecom Argentina has a neutral Appreciation Score of 40 but a poor Power Rating of 21, and the Negative Value Trend Rating results.
Recent Price Action
Telecom Argentina SA (NYSE: TEO) stock declined slightly by -0.3% on 8/30/24. The stock closed at $6.97. Moreover, exceptionally high trading volume at 245% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 1.0% during the last week.
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