Shares of Windstream Holdings Inc (NYSE:WIN) opened at 2.04 on Friday. Bank of America Corporation downgraded shares of Windstream Holdings from a "buy" rating to an "underperform" rating and dropped their target price for the stock from $8.00 to $3.00 in a research note on Friday, August 4th. (WIN) formed a down wedge with $1.90 target or 7.00 % below today's $2.04 share price. A rating of 4 or 5 would represent a Sell recommendation. (NASDAQ:WIN) expressed a change of -1.46% and closed its trade at $2.03. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The stock has an average rating of Hold and an average price target of $4.65. To measure price-variation, we found WIN's volatility during a week at 5.71% and during a month it has been found around 5.48%. Market Capitalization if basically the market value of the company's shares outstanding. Wall Street analysts covering the stock are projecting that the stock will reach $2.82 within the next 52-weeks.
Windstream Holdings (NYSE:WIN) last announced its quarterly earnings results on Thursday, August 3rd.
EPS Estimate for the next year is -1.25. For the quarter, shares have been noted at -55.07%. Long-term investors should review current trend forecasts and yearly or five-year trend graphs to understand whether the stock is bearish or bullish or to determine whether the company is performing well.
Windstream Holdings, Inc. (WIN) has an Analysts' Mean Recommendation of 3.1. The original version of this news story can be viewed at https://www.truebluetribune.com/2017/09/17/commonwealth-bank-of-australia-acquires-87800-shares-of-windstream-holdings-inc-win.html. Jefferies has "Hold" rating and $500 target. This repurchase authorization permits the company to reacquire up to 19.9% of its stock through open market purchases.
In other news, Director Anthony W. Thomas purchased 25,381 shares of the company's stock in a transaction dated Thursday, August 17th.
According to Research firm Zacks, experts anticipate that Windstream Holdings will announce full year earnings of ($2.02) for a share for the present fiscal year, with Earnings Per Share estimates between ($2.69) to ($1.70). for the upcoming FY, experts anticipate that the company to post earnings of ($1.45) for a share, with Earnings Per Share estimates between ($2.78) to ($0.63). While the company's share hit the 52 week high on 09/22/16 stationing the value of $17.23. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
In related news, Director Alan L. Wells acquired 68,000 shares of the company's stock in a transaction dated Tuesday, August 8th. The share price was last seen -1.46% lower, reaching at $2.03 on Sep. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued. The company saw 3.5 million shares trade hands over the course of the day.
More important recent Windstream Holdings, Inc. -80.49% (High), 9.38%, (Low). Previously Weatherford International Ltd (NYSE:WFT) reported $-0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $-0.28 by $0 with surprise factor of 0%. Pvg Asset Mgmt accumulated 129,600 shares. Short-term investors can use monthly, weekly and even intraday trend graphs to foresee the direction of stocks. Jefferies upgraded Windstream Holdings, Inc. Cubist Systematic Strategies LLC now owns 29,780 shares of the company's stock worth $116,000 after purchasing an additional 18,969 shares in the last quarter.
When the trading finished on 09/14/2017, shares of FirstEnergy Corp.