Wall Street analysts predict that Windstream Holdings, Inc. (NASDAQ:WIN) will post sales of $1.49 billion for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Windstream’s earnings. The highest sales estimate is $1.51 billion and the lowest is $1.48 billion. Windstream posted sales of $1.31 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 13.7%. The business is scheduled to report its next quarterly earnings results on Wednesday, March 7th.

According to Zacks, analysts expect that Windstream will report full year sales of $1.49 billion for the current financial year, with estimates ranging from $5.84 billion to $6.05 billion. For the next fiscal year, analysts forecast that the company will post sales of $5.82 billion per share, with estimates ranging from $5.72 billion to $5.98 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Windstream.

WIN has been the subject of several recent analyst reports. ValuEngine raised shares of Windstream from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Canaccord Genuity reissued a “buy” rating and issued a $3.00 price target on shares of Windstream in a research report on Friday, November 24th. BidaskClub raised shares of Windstream from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. Finally, Barclays initiated coverage on shares of Windstream in a research report on Friday. They issued an “underweight” rating and a $1.50 price target for the company. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $2.25.

Windstream (NASDAQ WIN) traded down $0.10 during trading on Friday, hitting $2.06. 9,720,000 shares of the stock traded hands, compared to its average volume of 3,860,000. Windstream has a 1-year low of $1.73 and a 1-year high of $8.35. The company has a debt-to-equity ratio of 20.24, a current ratio of 0.77 and a quick ratio of 0.70.

A number of institutional investors and hedge funds have recently made changes to their positions in WIN. Cubist Systematic Strategies LLC lifted its position in Windstream by 287.1% in the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock valued at $204,000 after acquiring an additional 85,500 shares during the last quarter. Magnetar Financial LLC increased its stake in Windstream by 192.6% in the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock valued at $314,000 after purchasing an additional 116,767 shares during the period. California Public Employees Retirement System increased its stake in Windstream by 43.5% in the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock valued at $2,978,000 after purchasing an additional 509,970 shares during the period. Finally, Royce & Associates LP increased its stake in Windstream by 22.6% in the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock valued at $4,154,000 after purchasing an additional 433,134 shares during the period. 66.30% of the stock is owned by hedge funds and other institutional investors.

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About Windstream

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

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