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TW Telecom (NASDAQ:TWTC) was the target of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 1,305,210 shares, a decrease of 26.0% from the July 31st total of 1,763,322 shares, Analyst RN reports. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 1,130,135 shares, the days-to-cover ratio is currently 1.2 days.

TWTC has been the subject of a number of recent research reports. Analysts at RBC Capital cut their price target on shares of TW Telecom from $41.00 to $40.00 in a research note on Wednesday, August 6th. Separately, analysts at Jefferies Group raised their price target on shares of TW Telecom from $45.00 to $48.00 in a research note on Monday, August 4th. They now have a “hold” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of TW Telecom from $35.00 to $45.00 in a research note on Tuesday, July 29th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. TW Telecom has a consensus rating of “Hold” and a consensus target price of $39.75.

TW Telecom (NASDAQ:TWTC) opened at 41.21 on Friday. TW Telecom has a 52 week low of $25.83 and a 52 week high of $44.15. The stock’s 50-day moving average is $40.20 and its 200-day moving average is $34.93. The company has a market cap of $5.690 billion and a P/E ratio of 222.72.

TW Telecom (NASDAQ:TWTC) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.10 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.10. The company had revenue of $419.70 million for the quarter, compared to the consensus estimate of $417.37 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Analysts expect that TW Telecom will post $0.37 EPS for the current fiscal year.

tw telecom inc. is a national provider of managed network services, specializing in business Ethernet, data networking, Converged, Internet protocol-based virtual private network (NASDAQ:TWTC), Internet access, voice, including voice over Internet Protocol (VoIP), and network security services to enterprise organizations, including public sector entities, and carriers throughout the United States, including their global locations.

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