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IHS Holding Ltd’s stock has reached a new 52-week high, hitting 6.43 USD, with average daily trading volume of 1.06M shares. The $2.07 billion market cap company has shown remarkable momentum, delivering a 110.96% return year-to-date. InvestingPro analysis reveals 8+ additional insights about IHS’s performance and outlook. The stock’s impressive performance highlights investor confidence and strong market momentum for IHS Holding, supported by analyst targets suggesting further upside potential and a "Buy" consensus recommendation. The company maintains a "GOOD" overall financial health score, and analysts forecast profitability in 2025, with projected EPS of $0.54. This achievement underscores the company’s growth trajectory and its ability to capitalize on market opportunities, setting a positive outlook for stakeholders and potential investors. Discover comprehensive analysis and Fair Value estimates with a InvestingPro subscription.
In other recent news, IHS Holding reported better-than-expected first-quarter earnings for 2025, with adjusted earnings per share reaching $0.10, surpassing the consensus estimate of $0.08. The company’s revenue also exceeded expectations, rising 5.2% year-over-year to $439.6 million, compared to the anticipated $390.49 million. Despite these positive results, the company’s full-year revenue guidance fell short of analyst estimates at the midpoint, causing some concern among investors. In a move reflecting confidence in the company’s prospects, TD Cowen raised the price target for IHS Holding to $17.00 from $16.00 and maintained a Buy rating. The company also reaffirmed its financial guidance for the year, signaling stability in its operations. Additionally, IHS Holding completed its asset disposition goal by divesting IHS Rwanda for an enterprise value of $274.5 million. This transaction was completed at an EBITDA multiple of 8.3x, aligning with the company’s strategic objectives. Management has noted a more stable economic environment in Nigeria, which is boosting investor confidence.
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