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Shares of TW Telecom (NASDAQ:TWTC) have received a consensus rating of “Hold” from the eleven ratings firms that are presently covering the stock, Stock Ratings Network.com reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $39.75.

A number of research firms have recently commented on TWTC. 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.

TW Telecom (NASDAQ:TWTC) opened at 41.21 on Friday. TW Telecom has a 1-year low of $25.83 and a 1-year high of $44.15. The stock has a 50-day moving average of $40.20 and a 200-day moving average of $34.93. The company has a market cap of $5.690 billion and a P/E ratio of 223.97. TW Telecom also saw a large drop in short interest in the month of August. As of August 15th, there was short interest totalling 1,305,210 shares, a drop of 26.0% from the July 31st total of 1,763,322 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 1,130,135 shares, the short-interest ratio is presently 1.2 days.

TW Telecom (NASDAQ:TWTC) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the 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 previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. On average, analysts predict that TW Telecom will post $0.37 earnings per share 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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