FY2024 EPS Estimate for KULR Technology Group Increased by Analyst

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) – Equities researchers at Litchfield Hills Research upped their FY2024 earnings estimates for KULR Technology Group in a note issued to investors on Monday, December 2nd. Litchfield Hills Research analyst T. O’neill now anticipates that the company will post earnings of ($0.09) per share for the year, up from their previous forecast of ($0.12). The consensus estimate for KULR Technology Group’s current full-year earnings is ($0.10) per share. Litchfield Hills Research also issued estimates for KULR Technology Group’s Q4 2024 earnings at ($0.02) EPS and FY2025 earnings at ($0.08) EPS.

Separately, Benchmark reaffirmed a “speculative buy” rating and set a $1.00 price objective on shares of KULR Technology Group in a research note on Tuesday, August 13th.

KULR Technology Group Trading Down 2.1 %

NYSEAMERICAN KULR opened at $1.38 on Wednesday. KULR Technology Group has a 12-month low of $0.10 and a 12-month high of $1.75. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.81.

Hedge Funds Weigh In On KULR Technology Group

Hedge funds have recently bought and sold shares of the company. Virtu Financial LLC purchased a new position in KULR Technology Group in the 3rd quarter worth approximately $29,000. XTX Topco Ltd purchased a new position in KULR Technology Group in the 2nd quarter worth approximately $31,000. Finally, Geode Capital Management LLC grew its stake in KULR Technology Group by 44.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,555,255 shares of the company’s stock worth $443,000 after buying an additional 479,026 shares in the last quarter. Hedge funds and other institutional investors own 21.23% of the company’s stock.

About KULR Technology Group

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.