Hawaiian Telcom Holdco, Inc. (HCOM) Receives Consensus Recommendation of “Hold” from Brokerages
Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Zacks has also assigned Hawaiian Telcom Holdco an industry rank of 29 out of 265 based on the ratings given to related companies.
HCOM has been the subject of a number of analyst reports. Sidoti lowered Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a research report on Monday, July 10th. BidaskClub lowered Hawaiian Telcom Holdco from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th.
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Shares of Hawaiian Telcom Holdco (HCOM) traded up 1.92% on Wednesday, hitting $30.79. The company had a trading volume of 105,920 shares. Hawaiian Telcom Holdco has a 52 week low of $20.10 and a 52 week high of $31.30. The firm’s 50 day moving average price is $30.09 and its 200-day moving average price is $26.93. The stock’s market capitalization is $356.76 million.
Hawaiian Telcom Holdco (NASDAQ:HCOM) last posted its quarterly earnings data on Tuesday, August 8th. The utilities provider reported ($0.30) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.14). Hawaiian Telcom Holdco had a negative net margin of 1.55% and a negative return on equity of 1.90%. The company had revenue of $91.30 million for the quarter. Analysts forecast that Hawaiian Telcom Holdco will post ($0.84) earnings per share for the current fiscal year.
Institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company increased its holdings in shares of Hawaiian Telcom Holdco by 0.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,117 shares of the utilities provider’s stock worth $103,000 after purchasing an additional 28 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Hawaiian Telcom Holdco by 5.2% in the 1st quarter. Sei Investments Co. now owns 5,113 shares of the utilities provider’s stock worth $117,000 after buying an additional 252 shares during the last quarter. First Quadrant L P CA boosted its stake in shares of Hawaiian Telcom Holdco by 50.2% in the 2nd quarter. First Quadrant L P CA now owns 5,496 shares of the utilities provider’s stock worth $137,000 after buying an additional 1,836 shares during the last quarter. Oxford Asset Management purchased a new position in shares of Hawaiian Telcom Holdco in the 1st quarter worth $207,000. Finally, OxFORD Asset Management LLP boosted its stake in shares of Hawaiian Telcom Holdco by 7.7% in the 2nd quarter. OxFORD Asset Management LLP now owns 9,730 shares of the utilities provider’s stock worth $243,000 after buying an additional 698 shares during the last quarter. 69.33% of the stock is owned by institutional investors and hedge funds.
About Hawaiian Telcom Holdco
Hawaiian Telcom Holdco, Inc is a provider of communications services and products in Hawaii. The Company operates through two business segments: Telecommunications and Data Center Colocation. The Telecommunications segment provides local telephone service, including voice and data transport, custom calling features, network access, directory assistance and private lines.
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