Recent trading patterns in the stock of Windstream Holdings, Inc. The stock's market cap is $362.57 million. For the next fiscal year, analysts forecast that the firm will report earnings of ($1.27) per share, with EPS estimates ranging from ($2.78) to ($0.49).
The stock has Return on Assets (ROA) of -2.7 percent. BidaskClub upgraded shares of Windstream Holdings from a "sell" rating to a "hold" rating in a report on Monday, July 31st.
Shares of Windstream Holdings (NYSE WIN) opened at 1.925 on Monday. Analysts are turning out to be more pessimistic than before, with 2 of analysts who cover Windstream Holdings, Inc. Windstream Holdings has a 52 week low of $1.73 and a 52 week high of $8.55. The company reported ($0.37) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.45) by $0.08. The business's revenue for the quarter was up 9.7% on a year-over-year basis.
The company had seen its current volume reaching at 1.54 million shares in the last trade.
Windstream Hldgs Inc (NASDAQ:WIN) 52-week high price stands at $8.55 and low price stands at $1.73, its price distance from 52-week high is -76.49% while its distance from 52-week low price is 16.18%.
Windstream Holdings, Inc.is maintained at an average hold rating by 11 stock analysts, and there are at least 20.97% of shares outstanding that are now legally short sold. The firm's 50-day moving average is $2.00 and its 200-day moving average is $3.58.
Windstream Holdings announced that its board has initiated a stock repurchase program on Thursday, August 3rd that allows the company to repurchase $90.00 million in shares. The company has Beta Value of 0.21 and ATR value of 0.1. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and global copyright & trademark laws.
PRU's mean recommendation on Reuter's scale improved from 2.53 thirty days ago to 2.6 now, which indicates a hold consensus from the analyst community.
In other Windstream Holdings news, Director Alan L. Wells acquired 68,000 shares of the company's stock in a transaction dated Tuesday, August 8th. Also, Director Anthony W. Thomas acquired 25,381 shares of the company's stock in a transaction dated Thursday, August 17th. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The stock was acquired at an average cost of $1.97 per share, with a total value of $50,000.57. Following the completion of the transaction, the director now directly owns 157,971 shares of the company's stock, valued at $331,739.10. The disclosure for this purchase can be found here.
While considering growth estimates of the company, it has next quarter growth estimates of 55.4% whereas during current quarter it has 43.1% estimations over growth, comparing to the estimations of 51% during current year and 37.2% for next year. Over the last three months, insiders have purchased 95,381 shares of company stock worth $196,901. Cubist Systematic Strategies LLC increased its position in shares of Windstream Holdings by 175.5% in the second quarter. In the most recent quarter, institutional ownership decreased by a net of 6.93 million shares, or 5.3%. Great West Life Assurance Co.
Windstream Holdings, Inc provides network communications and technology solutions in the United States. Windstream Holdings, Inc., formerly known as Windstream Corporation, is based in Little Rock, Arkansas. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.