Shares of Windstream Holdings Inc (NASDAQ:WIN) have been given an average rating of “Hold” by the ten research firms that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $4.68.
A number of analysts have issued reports on the stock. ValuEngine upgraded shares of Windstream from a “sell” rating to a “hold” rating in a research note on Tuesday, May 29th. Deutsche Bank boosted their price target on shares of Windstream from $2.00 to $10.00 and gave the stock a “hold” rating in a research note on Wednesday, May 30th. Citigroup lowered shares of Windstream from a “neutral” rating to a “sell” rating and set a $2.25 price target on the stock. in a research note on Wednesday, July 18th. Zacks Investment Research upgraded shares of Windstream from a “hold” rating to a “buy” rating and set a $4.25 price target on the stock in a research note on Thursday, July 19th. Finally, Morgan Stanley boosted their price target on shares of Windstream from $2.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 29th.
In other Windstream news, Director Michael G. Stoltz sold 29,734 shares of the business’s stock in a transaction dated Friday, May 4th. The shares were sold at an average price of $1.58, for a total transaction of $46,979.72. Following the sale, the director now directly owns 136,212 shares in the company, valued at $215,214.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.95% of the stock is owned by corporate insiders.
WIN traded down $0.30 on Friday, hitting $3.42. The company had a trading volume of 2,086,574 shares, compared to its average volume of 729,408. The firm has a market cap of $128.07 million, a P/E ratio of -0.42 and a beta of 0.06. Windstream has a 1 year low of $3.03 and a 1 year high of $20.00. The company has a current ratio of 0.73, a quick ratio of 0.66 and a debt-to-equity ratio of -7.87.
Windstream (NASDAQ:WIN) last issued its quarterly earnings results on Thursday, May 3rd. The technology company reported ($0.65) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.59) by ($0.06). The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Windstream had a negative return on equity of 191.89% and a negative net margin of 35.79%. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.89) earnings per share. equities research analysts forecast that Windstream will post -11.54 earnings per share for the current year.
Windstream Company Profile
Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.
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