Windstream (WINMQ) Upgraded to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Windstream (OTCMKTS:WINMQ) from a hold rating to a buy rating in a research report released on Thursday, Zacks.com reports. Zacks Investment Research currently has $0.25 price target on the stock.

According to Zacks, “Windstream Holdings, Inc. offers advanced network communications, including cloud computing and managed services, to businesses. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream Holdings, Inc., formerly known as Windstream Corporation, is based in Little Rock, Arkansas. “

OTCMKTS:WINMQ opened at $0.29 on Thursday. Windstream has a 12 month low of $0.20 and a 12 month high of $7.60. The stock has a market capitalization of $12.30 million, a price-to-earnings ratio of -0.01 and a beta of 0.63.

Windstream (OTCMKTS:WINMQ) last released its quarterly earnings data on Friday, March 15th. The company reported ($12.92) EPS for the quarter, missing the consensus estimate of ($2.54) by ($10.38). The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. As a group, equities research analysts anticipate that Windstream will post -2.99 EPS for the current fiscal 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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