IHS Holding
About: IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.
Employees: 2,988
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
440% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 5
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
13% more funds holding
Funds holding: 52 [Q2] → 59 (+7) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
0.24% less ownership
Funds ownership: 14.19% [Q2] → 13.95% (-0.24%) [Q3]
8% less capital invested
Capital invested by funds: $151M [Q2] → $139M (-$12.2M) [Q3]
20% less call options, than puts
Call options by funds: $108K | Put options by funds: $135K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$15
390%
upside
Avg. target
$15
390%
upside
High target
$15
390%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
TD Cowen Colby Synesael 25% 1-year accuracy 1 / 4 met price target | 390%upside $15 | Buy Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 3 articles about IHS published over the past 30 days
Neutral
Business Wire
1 day ago
IHS Towers Completes Sale of Kuwait Operations to Zain Group
LONDON & KUWAIT CITY--(BUSINESS WIRE)--IHS Holding Limited, (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has today announced the completion of the sale of IHS Towers' 70% interest in IHS Kuwait Limited (“IHS Kuwait”) including its approximate 1,675 sites and an additional approximately 700 sites managed in Kuwait to Zain Group. The sale of the company's Kuwait operations is part o.
Positive
Zacks Investment Research
2 weeks ago
IHS to Sell 70% Stake in Kuwait to Reduce Debt: Stock to Gain?
IHS Holding enters into a definitive agreement to sell a majority stake of its Kuwait operations to Zain Group for an enterprise value of $230 million.
Neutral
Business Wire
3 weeks ago
IHS Towers Signs Agreement to Sell Kuwait Operations to Zain Group
LONDON & KUWAIT CITY--(BUSINESS WIRE)--IHS Holding Limited, (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has signed a definitive agreement to sell IHS Towers' 70% interest in IHS Kuwait Limited (“IHS Kuwait”) including its approximate 1,675 sites and an additional approximately 700 sites managed in Kuwait to Zain Group. The transaction is subject to customary closing conditions, i.
Neutral
Business Wire
1 month ago
IHS Holding Limited Announces Successful Pricing of Dual Tranche Senior Notes Transaction
LONDON--(BUSINESS WIRE)--IHS Holding Limited (NYSE: IHS) (“IHS Towers”, and together with its subsidiaries, the “Group”) announced today that it has successfully priced its offering of $550 million 7.875% Senior Notes due 2030 at a yield of 8.150% (the “2030 Notes”) and $650 million 8.250% Senior Notes due 2031 at a yield of 8.500% (the “2031 Notes” and, together with the 2030 Notes, the “Notes”), in the case of the 2030 Notes, at an issue price of 98.800% and in the case of the 2031 Notes, at.
Neutral
Seeking Alpha
1 month ago
IHS Holding Limited (IHS) Q3 2024 Earnings Call Transcript
IHS Holding Limited (NYSE:IHS ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Robert Berg - Head, Investor Relations Sam Darwish - Chairman and CEO Steve Howden - Chief Financial Officer Conference Call Participants Richard Choe - JP Morgan Jim Schneider - Goldman Sachs Michael Rollins - Citigroup Maurice Patrick - Barclays Operator Good day. And welcome to the IHS Holding Limited Third Quarter 2024 Earnings Results Call for the three-month period ended September 30, 2024.
Negative
Zacks Investment Research
1 month ago
IHS Holding (IHS) Reports Q3 Loss, Tops Revenue Estimates
IHS Holding (IHS) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of $0.11. This compares to loss of $0.48 per share a year ago.
Neutral
Business Wire
1 month ago
IHS Holding Limited Announces Potential Dual-Tranche Senior Notes Offering
LONDON--(BUSINESS WIRE)--IHS Holding Limited (NYSE: IHS), (“IHS Towers”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, rated B+ (Stable) by S&P and B+ (Stable) by Fitch, has mandated Citi, Goldman Sachs Bank Europe SE, Rand Merchant Bank and Standard Chartered Bank as Joint Global Coordinators and Joint Bookrunners to organize a Global Investor Call at 3:00pm UK time on Tuesday, November 12, 2024, along.
Neutral
Business Wire
1 month ago
IHS Holding Limited Reports Third Quarter 2024 Financial Results
LONDON--(BUSINESS WIRE)--IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, today reported financial results for the third quarter ended September 30, 2024. Sam Darwish, IHS Towers Chairman and Chief Executive Officer, stated, “We're reporting another solid performance across our key metrics in the third quarter, driven by healthy secular demand and.
Neutral
Business Wire
1 month ago
IHS Towers' Third Quarter 2024 Earnings Release and Conference Call
LONDON--(BUSINESS WIRE)--IHS Holding Limited (the “Company”) hereby announces that its financial results for the three month period ended September 30, 2024 (the “3Q24 Earnings Results”) are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, November 12, 2024. Additionally, a conference call and webcast to discuss the 3Q24 Earnings Results will take place on Tuesday, November 12, 2024, at 8.30am ET (13.30pm UK time). The conference call.
Positive
Seeking Alpha
2 months ago
IHS Holding: Strong Despite Declining Naira
IHS Holding remains a buy due to its advantageous competitive advantages stemming from unique locations and wide economies of scale. Nigeria's high inflation, unemployment, and infrastructure gaps are significant headwinds, though a slight GDP improvement offers some optimism. Q2 2024 saw a 20.3% YoY revenue decrease and an 11.9% YoY adjusted EBITDA decline, mainly due to a 64% devaluation of the Nigerian naira.
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