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Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services), the United States (fixed wholesale services) and Chile (Cybersecurity services and products).
Telecom Argentina SA trades on the NYSE stock market under the symbol TEO.
As of March 6, 2025, TEO stock price declined to $11.23 with 104,896 million shares trading.
TEO has a beta of 0.69, meaning it tends to be less sensitive to market movements. TEO has a correlation of 0.02 to the broad based SPY ETF.
TEO has a market cap of $4.84 billion. This is considered a Mid Cap stock.
Last quarter Telecom Argentina SA reported $1 million in Revenue and -$.04 earnings per share. This fell short of revenue expectation by $-943 million and missed earnings estimates by -$.43.
In the last 3 years, TEO traded as high as $15.54 and as low as $3.72.
The top ETF exchange traded funds that TEO belongs to (by Net Assets): ARGT, EHLS.
TEO has outperformed the market in the last year with a price return of +59.1% while the SPY ETF gained +14.3%. However, in the short term, TEO had mixed performance relative to the market. It has underperformed in the last 3 months, returning -18.0% vs -5.3% return in SPY. But in the last 2 weeks, TEO shares have fared better than the market returning -4.6% compared to SPY -6.6%.
TEO support price is $11.07 and resistance is $12.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TEO shares will trade within this expected range on the day.