WideOpenWest, Inc. (WOW) Expected to Post Q1 2019 Earnings of $0.35 Per Share
WideOpenWest, Inc. (NYSE:WOW) – Stock analysts at SunTrust Banks issued their Q1 2019 EPS estimates for shares of WideOpenWest in a research report issued to clients and investors on Wednesday. SunTrust Banks analyst G. Miller expects that the company will post earnings per share of $0.35 for the quarter. SunTrust Banks has a “Buy” rating and a $18.00 price objective on the stock. SunTrust Banks also issued estimates for WideOpenWest’s Q2 2019 earnings at $0.35 EPS and Q3 2019 earnings at $0.34 EPS.
WideOpenWest (NYSE:WOW) last issued its quarterly earnings data on Monday, November 13th. The company reported $0.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.17. The company had revenue of $297.80 million for the quarter, compared to the consensus estimate of $302.00 million. The business’s revenue for the quarter was down 4.3% compared to the same quarter last year.
Shares of WideOpenWest (NYSE:WOW) traded down $0.26 during trading on Friday, reaching $9.05. 351,300 shares of the company were exchanged, compared to its average volume of 314,226. WideOpenWest has a 12 month low of $8.98 and a 12 month high of $18.83. The company has a debt-to-equity ratio of -8.37, a quick ratio of 0.73 and a current ratio of 0.73.
Several large investors have recently modified their holdings of the stock. Crestview Partners III GP L.P. bought a new position in WideOpenWest during the second quarter valued at $431,828,000. TimesSquare Capital Management LLC bought a new position in WideOpenWest during the second quarter valued at $32,481,000. Zweig DiMenna Associates LLC bought a new position in WideOpenWest during the second quarter valued at $2,989,000. Schroder Investment Management Group bought a new position in WideOpenWest during the second quarter valued at $14,918,000. Finally, Supplemental Annuity Collective Trust of NJ lifted its position in WideOpenWest by 56.3% during the third quarter. Supplemental Annuity Collective Trust of NJ now owns 25,000 shares of the company’s stock valued at $377,000 after purchasing an additional 9,000 shares during the last quarter. Hedge funds and other institutional investors own 53.79% of the company’s stock.
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WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.
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