WideOpenWest, Inc. (NYSE:WOW) – Equities researchers at SunTrust Banks cut their Q1 2018 EPS estimates for shares of WideOpenWest in a research note issued to investors on Wednesday. SunTrust Banks analyst G. Miller now forecasts that the company will earn $0.29 per share for the quarter, down from their previous forecast of $0.30. SunTrust Banks currently has a “Buy” rating and a $18.00 target price on the stock. SunTrust Banks also issued estimates for WideOpenWest’s Q4 2018 earnings at $0.36 EPS and FY2019 earnings at $1.39 EPS.

WideOpenWest (NYSE:WOW) last issued its earnings results on Monday, November 13th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.17. The business had revenue of $297.80 million for the quarter, compared to analyst estimates of $302.00 million. WideOpenWest’s revenue was down 4.3% on a year-over-year basis.

WOW has been the topic of several other research reports. Zacks Investment Research lowered WideOpenWest from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 18th. UBS cut their price target on WideOpenWest from $21.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, November 14th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $20.00 price target on shares of WideOpenWest in a research report on Monday, September 18th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $18.25.

Shares of WideOpenWest (NYSE WOW) opened at $8.85 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of -8.37. WideOpenWest has a 12-month low of $8.80 and a 12-month high of $18.83.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in shares of WideOpenWest in the 3rd quarter valued at approximately $109,000. Tower Research Capital LLC TRC purchased a new position in shares of WideOpenWest in the 2nd quarter valued at approximately $113,000. New Jersey Better Educational Savings Trust purchased a new position in shares of WideOpenWest in the 2nd quarter valued at approximately $174,000. American International Group Inc. purchased a new position in shares of WideOpenWest in the 3rd quarter valued at approximately $195,000. Finally, Wells Fargo & Company MN purchased a new position in shares of WideOpenWest in the 2nd quarter valued at approximately $274,000. 53.79% of the stock is currently owned by institutional investors.

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About WideOpenWest

WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.

Earnings History and Estimates for WideOpenWest (NYSE:WOW)

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