Streetbeat News

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.

Open

2.85

Mkt cap

933M

Volume

373K

High

2.87

P/E Ratio

-0.39

52-wk high

5.78

Low

2.73

Div yield

N/A

52-wk low

2.18

TD Cowen analyst Colby Synesael has maintained a Buy rating on IHS Holding and raised the price target from $13 to $14.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:12 pm

Citigroup analyst Michael Rollins has reinstated a Buy rating on IHS Holding (NYSE:IHS) and set a price target of $5.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:10 pm

RBC Capital has maintained an 'Outperform' rating on IHS Holding but has lowered its price target from $11 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:00 pm

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

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