Windstream (NASDAQ:WIN) Getting Somewhat Favorable Media Coverage, Accern Reports

Evarado Alatorre
May 16, 2018

Windstream Hldgs Inc (NASDAQ:WIN) shares traded -5.37% down during most recent session to reach at the closing price of $1.41. Bank of Montreal Can boosted its position in Windstream by 2,071.1% in the fourth quarter. During the same quarter in the prior year, the firm posted ($0.89) earnings per share. 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. Accern also gave headlines about the technology company an impact score of 46.4869280286862 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. The mean target projections are based on 12 opinions. The consensus mean EPS for the current quarter is at $-0.62 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. Windstream had a negative net margin of 35.79% and a negative return on equity of 191.89%.

Windstream (NASDAQ:WIN) last announced its earnings results on Thursday, May 3rd.

Several brokerages have commented on WIN. Zacks Investment Research upgraded Windstream from a "sell" rating to a "hold" rating in a research note on Wednesday, March 21st.

Windstream opened at $1.41 on Tuesday, Marketbeat Ratings reports. Morgan Stanley lowered their target price on shares of Windstream from $2.40 to $2.00 and set an equal weight rating on the stock in a research note on Monday, March 19th. Finally, Guggenheim initiated coverage on shares of Windstream in a research note on Tuesday, March 13th. Five investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company's stock. The company now has a consensus rating of "Hold" and an average price target of $1.96.

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In other news, Director Michael G. Stoltz bought 29,734 shares of the company's stock in a transaction dated Wednesday, February 28th. The share price has yet to cross its 20 days moving average, floating at a distance of -4.2% and sits -11.28% lower versus its 50 days moving average. Following the sale, the director now directly owns 136,212 shares in the company, valued at approximately $215,214.96. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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%. They see Windstream Holdings, Inc. Benjamin F. Edwards & Company Inc. now owns 110,313 shares of the technology company's stock valued at $204,000 after buying an additional 110,300 shares during the last quarter. Teacher Retirement System of Texas boosted its position in Windstream by 300.4% in the fourth quarter. Corporate insiders own 1.22% of the company's stock. Aperio Group LLC now owns 155,688 shares of the technology company's stock valued at $288,000 after acquiring an additional 87,066 shares during the last quarter. Wells Fargo & Company MN's holdings in Windstream were worth $1,208,000 at the end of the most recent quarter. Benjamin F. Edwards & Company Inc. now owns 110,313 shares of the technology company's stock worth $204,000 after purchasing an additional 110,300 shares during the period. Finally, California Public Employees Retirement System raised its stake in Windstream by 38.0% during the fourth quarter.

Hedge funds and other institutional investors have recently modified their holdings of the stock.

Shares of WIN traded down $0.08 during mid-day trading on Tuesday, hitting $1.56. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of -7.87. 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 PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E. Windstream Hldgs Inc (NASDAQ:WIN) has a current PEG of 0.

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