Factors Likely to Have Influenced Earnings Results Kaleyra (NYSE:KLR)

Earnings results for Kaleyra (NYSE:KLR)

Kaleyra, Inc. is expected* to report earnings on 11/09/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.13.

Kaleyra last released its quarterly earnings data on August 10th, 2020. The reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). The business earned $31.20 million during the quarter, compared to the consensus estimate of $30.72 million. Kaleyra has generated $0.24 earnings per share over the last year and currently has a price-to-earnings ratio of 30.8. Kaleyra has confirmed that its next quarterly earnings report will be published on Monday, November 9th, 2020.

Analyst Opinion on Kaleyra (NYSE:KLR)

6 Wall Street analysts have issued ratings and price targets for Kaleyra in the last 12 months. Their average twelve-month price target is $12.70, predicting that the stock has a possible upside of 72.09%. The high price target for KLR is $17.00 and the low price target for KLR is $9.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Kaleyra has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $12.70, Kaleyra has a forecasted upside of 72.1% from its current price of $7.38. Kaleyra has received no research coverage in the past 90 days.

Dividend Strength: Kaleyra (NYSE:KLR)

Kaleyra does not currently pay a dividend. Kaleyra does not have a long track record of dividend growth.

Insiders buying/selling: Kaleyra (NYSE:KLR)

In the past three months, Kaleyra insiders have not sold or bought any company stock. 50.98% of the stock of Kaleyra is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 28.02% of the stock of Kaleyra is held by institutions.

Earnings and Valuation of Kaleyra (NYSE:KLR

Earnings for Kaleyra are expected to grow in the coming year, from ($0.79) to $0.09 per share. The P/E ratio of Kaleyra is 30.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.84. The P/E ratio of Kaleyra is 30.75, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 68.18.

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