EarthLink Holdings Corp. (NASDAQ:ELNK) – Analysts at B. Riley issued their Q4 2016 earnings per share (EPS) estimates for EarthLink Holdings Corp. in a research note issued to investors on Tuesday. B. Riley analyst M. Crawford expects that the brokerage will earn ($0.02) per share for the quarter. B. Riley has a “Buy” rating and a $10.00 price objective on the stock.

Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of EarthLink Holdings Corp. from a “hold” rating to a “buy” rating and set a $6.75 price target for the company in a research report on Monday, October 17th. Jefferies Group restated a “hold” rating and issued a $4.90 price target (down previously from $6.50) on shares of EarthLink Holdings Corp. in a research report on Thursday. Drexel Hamilton downgraded shares of EarthLink Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday. Barclays PLC upped their price target on shares of EarthLink Holdings Corp. to $18.00 and gave the company a “neutral” rating in a research report on Thursday, August 18th. Finally, Cowen and Company started coverage on shares of EarthLink Holdings Corp. in a research report on Monday, October 17th. They issued an “outperform” rating and a $8.00 price target for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $9.53.

Earnings History and Estimates for EarthLink Holdings Corp. (NASDAQ:ELNK)

EarthLink Holdings Corp. (NASDAQ:ELNK) opened at 5.09 on Thursday. The firm’s market cap is $536.96 million. EarthLink Holdings Corp. has a 12-month low of $4.85 and a 12-month high of $9.26. The company’s 50 day moving average is $5.94 and its 200 day moving average is $6.29.

EarthLink Holdings Corp. (NASDAQ:ELNK) last posted its earnings results on Monday, November 7th. The company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.09. The business had revenue of $235.10 million for the quarter, compared to analyst estimates of $232.44 million. EarthLink Holdings Corp. had a negative net margin of 0.01% and a negative return on equity of 14.46%. The business’s revenue for the quarter was down 13.2% on a year-over-year basis.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 4th. Stockholders of record on Wednesday, December 21st will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, December 19th. This represents a $0.20 annualized dividend and a dividend yield of 3.93%. EarthLink Holdings Corp.’s dividend payout ratio (DPR) is -2,000.00%.

In other news, EVP Rick C. Froehlich sold 31,499 shares of the stock in a transaction on Monday, September 12th. The shares were sold at an average price of $6.33, for a total transaction of $199,388.67. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.70% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Institutional Trust Company N.A. raised its position in shares of EarthLink Holdings Corp. by 55.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 4,177,969 shares of the company’s stock valued at $26,739,000 after buying an additional 1,493,880 shares during the period. Coe Capital Management LLC acquired a new position in shares of EarthLink Holdings Corp. during the second quarter valued at approximately $4,872,000. BlackRock Advisors LLC raised its position in shares of EarthLink Holdings Corp. by 1,469.6% in the second quarter. BlackRock Advisors LLC now owns 767,316 shares of the company’s stock valued at $4,911,000 after buying an additional 718,430 shares during the period. Emerald Acquisition Ltd. acquired a new position in shares of EarthLink Holdings Corp. during the second quarter valued at approximately $3,530,000. Finally, First Trust Advisors LP raised its position in shares of EarthLink Holdings Corp. by 10.1% in the third quarter. First Trust Advisors LP now owns 4,118,445 shares of the company’s stock valued at $25,534,000 after buying an additional 376,201 shares during the period. Institutional investors own 88.80% of the company’s stock.

About EarthLink Holdings Corp.

EarthLink, Inc (EarthLink), is a network, communications and information technology (IT) services provider to business and residential customers in the United States. The Company operates in two segments: Business Services and Consumer Services. EarthLink’s Business Services segment provides a range of data, voice, managed IT and equipment services to business customers.

5 Day Chart for NASDAQ:ELNK

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