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KORE Group (NYSE:KORE) Vs. GTT Communications (OTCMKTS:GTTN) Financial Review

Defense World ·  Dec 19, 2022 03:21

GTT Communications (OTCMKTS:GTTN – Get Rating) and KORE Group (NYSE:KORE – Get Rating) are both small-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.

Analyst Ratings

This is a breakdown of current ratings and price targets for GTT Communications and KORE Group, as provided by MarketBeat.com.

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Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GTT Communications 0 0 0 0 N/A
KORE Group 0 2 3 0 2.60

KORE Group has a consensus target price of $7.00, indicating a potential upside of 282.51%. Given KORE Group's higher probable upside, analysts clearly believe KORE Group is more favorable than GTT Communications.

Earnings and Valuation

This table compares GTT Communications and KORE Group's gross revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
GTT Communications $1.73 billion 0.00 -$105.90 million N/A N/A
KORE Group $248.22 million 0.56 -$24.45 million ($0.64) -2.86

KORE Group has lower revenue, but higher earnings than GTT Communications.

Profitability

This table compares GTT Communications and KORE Group's net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
GTT Communications N/A N/A N/A
KORE Group -17.41% -17.71% -6.13%

Risk & Volatility

GTT Communications has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500. Comparatively, KORE Group has a beta of 1.79, meaning that its stock price is 79% more volatile than the S&P 500.

Insider & Institutional Ownership

45.6% of GTT Communications shares are owned by institutional investors. Comparatively, 53.7% of KORE Group shares are owned by institutional investors. 46.4% of GTT Communications shares are owned by insiders. Comparatively, 0.3% of KORE Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

KORE Group beats GTT Communications on 6 of the 11 factors compared between the two stocks.

About GTT Communications

(Get Rating)

GTT Communications, Inc. engages in the provision of cloud networking services to multinational clients. It offers broad portfolio of global services including private networking; Internet; optical transport; Software Defined Wide Area Networking; managed services; voice and unified communications; video transport; and access services. The company was founded by H. Brian Thompson on January 3, 2005 and is headquartered in McLean, VA.

About KORE Group

(Get Rating)

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services. It serves customers operating in a range of sectors, including healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing. The company was founded in 2002 and is headquartered in Alpharetta, Georgia.

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