Windstream Holdings Inc (NASDAQ:WIN) has been given an average rating of “Hold” by the twelve analysts that are presently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $5.08.
WIN has been the topic of a number of analyst reports. Zacks Investment Research raised Windstream from a “hold” rating to a “buy” rating and set a $4.25 price objective on the stock in a research report on Thursday, July 19th. ValuEngine raised Windstream from a “hold” rating to a “buy” rating in a research report on Friday, June 8th. Cowen reaffirmed a “buy” rating and set a $8.00 price objective on shares of Windstream in a research report on Friday, August 10th. Morgan Stanley lifted their price objective on Windstream from $2.00 to $10.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 29th. Finally, Deutsche Bank lifted their price objective on Windstream from $2.00 to $10.00 and gave the company a “hold” rating in a research report on Wednesday, May 30th.
Several hedge funds have recently bought and sold shares of WIN. JPMorgan Chase & Co. lifted its holdings in Windstream by 1,151.7% in the 1st quarter. JPMorgan Chase & Co. now owns 6,228,135 shares of the technology company’s stock worth $8,781,000 after purchasing an additional 5,730,564 shares in the last quarter. Tibra Equities Europe Ltd purchased a new position in Windstream in the 1st quarter worth approximately $819,000. Schwab Charles Investment Management Inc. lifted its holdings in Windstream by 19.2% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 2,029,154 shares of the technology company’s stock worth $2,862,000 after purchasing an additional 326,356 shares in the last quarter. KBC Group NV purchased a new position in Windstream in the 1st quarter worth approximately $409,000. Finally, Algert Global LLC purchased a new position in Windstream in the 2nd quarter worth approximately $1,086,000. 60.37% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ:WIN traded up $0.53 on Friday, hitting $4.85. The stock had a trading volume of 1,346,663 shares, compared to its average volume of 720,689. The stock has a market capitalization of $184.21 million, a price-to-earnings ratio of -0.60 and a beta of -0.05. The company has a debt-to-equity ratio of -7.40, a quick ratio of 0.63 and a current ratio of 0.70. Windstream has a 52-week low of $3.03 and a 52-week high of $13.65.
Windstream (NASDAQ:WIN) last announced its earnings results on Thursday, August 9th. The technology company reported ($2.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.66) by $0.36. Windstream had a negative return on equity of 191.89% and a negative net margin of 36.51%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the firm posted ($1.85) earnings per share. The business’s revenue for the quarter was down 3.2% on a year-over-year basis. equities analysts forecast that Windstream will post -9.46 earnings per share for the current fiscal year.
Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.
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