Mobile Telesystems OJSC

Dividend Yield: 4.20%

Mobile Telesystems OJSC (NYSE: MBT) shares currently have a dividend yield of 4.20%.

Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus. The company has a P/E ratio of 18.74.

The average volume for Mobile Telesystems OJSC has been 1,933,100 shares per day over the past 30 days. Mobile Telesystems OJSC has a market cap of $19.0 billion and is part of the telecommunications industry. Shares are up 3.1% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Mobile Telesystems OJSC as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:
  • The gross profit margin for MOBILE TELESYSTEMS OJSC is currently very high, coming in at 71.40%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 13.96% trails the industry average.
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • Regardless of the drop in revenue, the company managed to outperform against the industry average of 1.9%. Since the same quarter one year prior, revenues slightly dropped by 0.7%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • MOBILE TELESYSTEMS OJSC's earnings per share declined by 19.2% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, MOBILE TELESYSTEMS OJSC reported lower earnings of $1.04 versus $1.46 in the prior year. This year, the market expects an improvement in earnings ($1.98 versus $1.04).
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Wireless Telecommunication Services industry and the overall market, MOBILE TELESYSTEMS OJSC's return on equity exceeds that of both the industry average and the S&P 500.

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