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

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

TD Cowen analyst Gregory Williams maintains an Outperform rating on IHS Holding (NYSE:IHS) but lowers the price target from $19 to $15.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:14 pm

IHS Holding reported a Q4 EPS of $(1.36), significantly missing the $0.04 estimate, marking a 65.85% decrease from the previous year. However, their sales of $509.78M exceeded the $476.18M estimate, despite being a 3.11% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 10:47 am

Numerous companies are scheduled to report their earnings on March 12, 2024, with expectations ranging from significant profits to losses. Key highlights include Aurora Mobile, MINISO Group, and Archer-Daniels Midland among others, projecting varied financial outcomes for their respective quarters.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:35 am

The CNN Money Fear and Greed index remained in the 'Greed' zone on Monday, with U.S. stocks closing mixed and the S&P 500 falling for the second session. The Dow Jones closed higher, while the Nasdaq Composite fell. EQT Corporation announced a merger with Equitrans Midstream Corporation, and Genie Energy Ltd.'s shares fell following Q4 results. Investors await earnings from International Game Technology PLC, IHS Holding Limited, and Kohl's Corporation.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 8:50 am

IHS Holding (NYSE:IHS) is scheduled to release its quarterly earnings report on March 12, 2024, with an estimated EPS of $0.04. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Historical data shows a mixed performance in beating EPS estimates, with a notable miss last quarter leading to a slight share price drop. Over the past year, IHS shares have declined by 66.39%, indicating potential concern among long-term investors ahead of this earnings announcement.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:01 pm

Wells Fargo analyst Eric Luebchow maintains an Overweight rating on IHS Holding (NYSE:IHS) but lowers the price target from $12 to $8.5.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:19 am

Several Communication Services stocks experienced significant movements in Monday's intraday session. Notable gainers include Loop Media, E W Scripps, AirNet Technology, 9F, Blue Hat Interactive, and Asset Entities, with increases ranging from 12.27% to 30.4%. On the downside, Lytus Technologies, Pop Culture Gr, Kore Group Holdings, Playtika Holding, and IHS Holding saw declines between 10.77% and 13.9%.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:34 pm

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