Windstream Holdings Inc (WIN) Receives Consensus Rating of “Hold” from Analysts

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.

Institutional investors have recently made changes to their positions in the company. Teacher Retirement System of Texas grew its position in shares of Windstream by 300.4% during the fourth quarter. Teacher Retirement System of Texas now owns 60,764 shares of the technology company’s stock worth $112,000 after buying an additional 45,589 shares in the last quarter. Paloma Partners Management Co acquired a new position in shares of Windstream during the fourth quarter worth about $126,000. MetLife Investment Advisors LLC grew its position in shares of Windstream by 127.1% during the first quarter. MetLife Investment Advisors LLC now owns 90,224 shares of the technology company’s stock worth $127,000 after buying an additional 50,491 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Windstream during the second quarter worth about $173,000. Finally, SG Americas Securities LLC grew its position in shares of Windstream by 66.4% during the first quarter. SG Americas Securities LLC now owns 154,229 shares of the technology company’s stock worth $217,000 after buying an additional 61,544 shares in the last quarter.

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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Analyst Recommendations for Windstream (NASDAQ:WIN)

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