Alert: Positive Investment/Fundamental Signals (9/11/24)-SK Telecom Co Ltd (NYSE: SKM)

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SK Telecom Co Ltd (NYSE: SKM) has recently enjoyed notable positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Recent meaningful positive changes in investment behavior have benefitted SK Telecom Co Ltd (NYSE: SKM): the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, SKM is expected to continue to be a major Value Builder.

SK Telecom has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. SK Telecom has a slightly positive Appreciation Score of 65 and a neutral Power Rating of 44, resulting in the Neutral Value Trend Rating.

Recent Price Action

On 9/11/24, SK Telecom Co Ltd (NYSE: SKM) stock enjoyed a large increase of 2.0%, closing at $23.98. However, unusually low trading volume at 62% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 3.0% during the last week.

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