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NTELOS Holdings Corp (NASDAQ:NTLS) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Thursday, Analyst Ratings.Net reports. They currently have a $24.20 price target on the stock. Zacks‘ price objective indicates a potential upside of 19.62% from the stock’s previous close.

A number of other analysts have also recently weighed in on NTLS. Analysts at Jefferies Group initiated coverage on shares of NTELOS Holdings Corp in a research note to investors on Thursday, December 19th. They set a “buy” rating and a $25.00 price target on the stock. Analysts at UBS AG raised their price target on shares of NTELOS Holdings Corp from $18.00 to $24.00 in a research note to investors on Thursday, November 14th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $20.80.

Shares of NTELOS Holdings Corp (NASDAQ:NTLS) traded down 2.08% during mid-day trading on Thursday, hitting $19.81. The stock had a trading volume of 169,021 shares. NTELOS Holdings Corp has a 52 week low of $11.68 and a 52 week high of $23.03. The stock has a 50-day moving average of $20.79 and a 200-day moving average of $18.43. The company has a market cap of $417.8 million and a P/E ratio of 17.07.

NTELOS Holdings Corp (NASDAQ:NTLS) last announced its earnings results on Tuesday, November 5th. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.26. The company had revenue of $130.90 million for the quarter, compared to the consensus estimate of $124.59 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 14.3% on a year-over-year basis. Analysts expect that NTELOS Holdings Corp will post $1.24 EPS for the current fiscal year.

NTELOS Holdings Corp. is a provider of wireless and wireline communications services to consumers and businesses primarily in Virginia and West Virginia.

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