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IHS

IHS Holding Limited

https://www.ihstowers.com

Industry

Telecommunications Services

IHS Holding Limited, together with its subsidiaries, owns, operates, and develops shared telecommunications infrastructure in Africa, Latin America, Europe, and the Middle East. It offers colocation and lease agreement, build-to-suit, fiber connectivity, and rural telephony solutions. The company serves mobile network operators, internet service providers, broadcasters, security functions, and private corporations. IHS Holding Limited was founded in 2001 and is based in London, the United Kingdom.

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IHS Holding shares are trading higher after the company reported better-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:58 pm

IHS Holding (NYSE:IHS) reported Q2 2024 GAAP EPS of $(0.36), missing the $0.15 estimate by 340%. Sales of $435.377M beat the $428.302M estimate but were down 20.29% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:30 am

Analysts' ratings for IHS Holding (NYSE:IHS) have varied over the last quarter, with recent ratings showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has dropped by 21.33% to $10.62. Analysts from firms like TD Cowen, Barclays, and Wells Fargo have lowered their price targets and ratings for IHS Holding, reflecting concerns over the company's financial performance, including a revenue decline of -3.11%, a net margin of -93.98%, and a high debt-to-equity ratio of 37.44.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 7:03 pm

TD Cowen analyst Colby Synesael maintains a Buy rating on IHS Holding (NYSE:IHS) but lowers the price target from $15 to $13.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 5:18 pm

Alibaba Group Holding Limited (NYSE:BABA) shares fell by around 7% following mixed Q1 financial results. Other stocks experienced significant movements, with notable gainers including Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) and losers like Scorpius Holdings, Inc. (NASDAQ:SCPX).

Portfolio Pulse from Avi Kapoor

May 14, 2024 | 5:30 pm

IHS Holding reported Q1 2024 adjusted EPS of $(0.47), significantly missing the $(0.01) estimate, while sales of $417.744M exceeded the $394.581M estimate. This represents a 30.67% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:06 pm

Westport Fuel Systems Inc. (NASDAQ:WPRT) shares fell by approximately 10% after reporting a Q4 loss wider than expected. Other stocks experienced significant movements, with notable gainers including Stoke Therapeutics, Inc. (NASDAQ:STOK) and losers like Quhuo Limited (NASDAQ:QH). The movements were attributed to various factors including financial results, clinical trial data, and strategic agreements.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 5:45 pm

U.S. stocks were higher on Tuesday, with Tesla Inc (TSLA) seeing a 5.8% surge amid reports of Italy's interest in electric truck production with the company. Other stocks like Krispy Kreme (DNUT), McCormick & Company (MKC), and Praxis Precision Medicines (PRAX) also saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 2:36 pm

Barclays analyst Maurice Patrick maintains an Overweight rating on IHS Holding (NYSE:IHS) but lowers the price target from $8 to $6.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 10:07 am

Build-A-Bear Workshop, Inc. (BBW) reported better-than-expected Q4 EPS but missed on revenue, leading to a 15.7% stock increase. Other stocks also moved higher, including Turtle Beach Corporation (HEAR), VAALCO Energy, Inc. (EGY), DICK'S Sporting Goods, Inc. (DKS), and several others due to various positive financial results, acquisitions, and strategic moves.

Portfolio Pulse from Avi Kapoor

March 14, 2024 | 2:38 pm

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