Analysts See $0.32 EPS for Telecom Argentina SA (ADR) (TEO); CAPPED FINANCIALS IN (ITSXF) Sellers Decreased By 5.08% Their Shorts

July 20, 2017 - By Ellis Scott

Analysts expect Telecom Argentina SA (ADR) (NYSE:TEO) to report $0.32 EPS on August, 9.They anticipate $0.02 EPS change or 6.67% from last quarter’s $0.3 EPS. TEO’s profit would be $31.68 million giving it 21.70 P/E if the $0.32 EPS is correct. After having $0.64 EPS previously, Telecom Argentina SA (ADR)’s analysts see -50.00% EPS growth. The stock decreased 0.07% or $0.02 on July 19, reaching $27.78. About shares traded. Telecom Argentina SA (ADR) (NYSE:TEO) has risen 35.98% since July 20, 2016 and is uptrending. It has outperformed by 19.28% the S&P500.

CAPPED FINANCIALS IN (OTCMKTS:ITSXF) had a decrease of 5.08% in short interest. ITSXF’s SI was 668,400 shares in July as released by FINRA. Its down 5.08% from 704,200 shares previously. It closed at $26.56 lastly. It is down 0.00% since July 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 8 analysts covering Telecom Argentina (NYSE:TEO), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Telecom Argentina had 11 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Zacks on Tuesday, September 22 to “Hold”. On Tuesday, September 6 the stock rating was upgraded by Morgan Stanley to “Overweight”. Santander upgraded Telecom Argentina SA (ADR) (NYSE:TEO) on Thursday, October 8 to “Buy” rating. Goldman Sachs downgraded the stock to “Sell” rating in Monday, September 28 report. Raymond James upgraded Telecom Argentina SA (ADR) (NYSE:TEO) on Tuesday, July 28 to “Outperform” rating. As per Monday, July 3, the company rating was upgraded by Bank of America. The rating was upgraded by HSBC to “Buy” on Thursday, May 12. Goldman Sachs upgraded Telecom Argentina SA (ADR) (NYSE:TEO) on Monday, November 23 to “Neutral” rating. JP Morgan upgraded Telecom Argentina SA (ADR) (NYSE:TEO) on Thursday, May 12 to “Neutral” rating.

Telecom Argentina S.A. 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 has market cap of $2.75 billion. The Company’s divisions include Fixed Telecommunications Services , Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services). It has a 18.42 P/E ratio. The Company, through its subsidiaries, also provides mobile telecommunications services and international wholesale services.

iShares S&P/TSX Capped Financials Index Fund, formerly iShares CDN S&P/TSX Capped Financials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Financials Index through investments in the constituent issuers of such Index. The company has market cap of $892.45 million. The Index consists of securities of Canadian financial sector issuers listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. It currently has negative earnings. The Index includes stocks belonging to the S&P/TSX Financial industry sector classification, with the weight of any one firm capped at 25% of the market capitalization of the Index.