The firm is scheduled to report its next earnings report before the market opens on Thursday, May 3rd. During the same quarter last year, the firm earned ($0.83) earnings per share. research analysts predict that Windstream Holdings will post -2.55 EPS for the current year. The company is expected to issue its next quarterly earnings report on Thursday, August 2nd. Windstream's revenue was up 6.5% on a year-over-year basis. sell-side analysts expect that Windstream will post -2.38 earnings per share for the current year. The technology company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.39) by $0.42. Windstream had a negative net margin of 35.79% and a negative return on equity of 191.89%. For the current year the company's revenue estimates are $5.76 Billion compared to low analyst estimates of $5.71 Billion and high estimates of $5.84 Billion according to the prediction of 12 analysts. It was last traded at $14.69 apiece.
Several brokerages have commented on WIN. Zacks Investment Research raised shares of Windstream from a "sell" rating to a "hold" rating in a research note on Wednesday, March 21st. ValuEngine upgraded Windstream from a "strong sell" rating to a "sell" rating in a research note on Wednesday, February 28th. Morgan Stanley dropped their price target on shares of Windstream from $2.40 to $2.00 and set an "equal weight" rating for the company in a research note on Monday, March 19th. Guggenheim assumed coverage on shares of Windstream in a report on Tuesday, March 13th. They issued a sell rating and a $1.35 target price on the stock. Five research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company's stock. The stock presently has a consensus rating of Hold and a consensus target price of $1.96.
In other news, Director Michael G. Stoltz sold 29,734 shares of the firm's stock in a transaction dated Friday, May 4th. The stock was acquired at an average price of $1.58 per share, with a total value of $46,979.72. Following the acquisition, the director now owns 97,453 shares in the company, valued at $153,975.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -4.39%.
Large investors have recently made changes to their positions in the business. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Windstream by 20.5% during the fourth quarter. Teton Advisors Inc. now owns 577,914 shares of the technology company's stock worth $1,069,000 after acquiring an additional 100,000 shares in the last quarter. Teacher Retirement System of Texas boosted its position in Windstream by 300.4% in the fourth quarter. Bank of Montreal Can now owns 106,928 shares of the technology company's stock worth $197,000 after purchasing an additional 102,003 shares during the period. Bank of Montreal Can boosted its position in Windstream by 2,071.1% in the fourth quarter. The institutional investor owned 652,756 shares of the technology company's stock after buying an additional 389,632 shares during the period. Finally, California Public Employees Retirement System raised its stake in Windstream by 38.0% during the fourth 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. The company's stock had a trading volume of 1,537,614 shares, compared to its average volume of 2,403,151. A year ago the company's sales were $1370000 while its sales growth yearly estimates for the current quarter are 7.4%. For the current year the company's revenue estimates are $5.76 Billion compared to low analyst estimates of $5.71 Billion and high estimates of $5.84 Billion according to 12 number of analysts. The company has a market cap of $336.64 million, a P/E ratio of -0.96 and a beta of 0.14.