Shares of Windstream Holdings, Inc. (NASDAQ:WIN) reached a new 52-week low during trading on Friday . The stock traded as low as $1.70 and last traded at $1.73, with a volume of 1775600 shares. The stock had previously closed at $1.77.

Several analysts have commented on WIN shares. Canaccord Genuity reissued a “buy” rating and issued a $3.00 target price on shares of Windstream in a research report on Monday, December 4th. BidaskClub raised shares of Windstream from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. Zacks Investment Research downgraded shares of Windstream from a “hold” rating to a “sell” rating in a report on Saturday, January 13th. ValuEngine downgraded shares of Windstream from a “sell” rating to a “strong sell” rating in a report on Monday, October 2nd. Finally, JPMorgan Chase & Co. downgraded shares of Windstream from a “neutral” rating to an “underweight” rating in a report on Tuesday, January 2nd. Six equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Sell” and a consensus price target of $2.25.

The company has a debt-to-equity ratio of 20.24, a current ratio of 0.77 and a quick ratio of 0.70. The firm has a market cap of $316.42, a price-to-earnings ratio of -0.66 and a beta of -0.12.

Windstream (NASDAQ:WIN) last posted its quarterly earnings data on Thursday, November 9th. The technology company reported ($0.55) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.46) by ($0.09). Windstream had a negative return on equity of 64.22% and a negative net margin of 6.49%. sell-side analysts predict that Windstream Holdings, Inc. will post -2.19 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Bank of Montreal Can boosted its holdings in Windstream by 2,071.1% in the 4th quarter. Bank of Montreal Can now owns 106,928 shares of the technology company’s stock valued at $197,000 after purchasing an additional 102,003 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in Windstream by 848,461.5% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 110,313 shares of the technology company’s stock valued at $204,000 after purchasing an additional 110,300 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in Windstream by 287.1% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock valued at $204,000 after purchasing an additional 85,500 shares during the period. Magnetar Financial LLC boosted its holdings in Windstream by 192.6% in the 3rd quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock valued at $314,000 after purchasing an additional 116,767 shares during the period. Finally, California Public Employees Retirement System boosted its holdings in Windstream by 43.5% in the 3rd quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock valued at $2,978,000 after purchasing an additional 509,970 shares during the period. 66.27% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: “Windstream (WIN) Hits New 12-Month Low at $1.70” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2018/01/19/windstream-win-hits-new-12-month-low-at-1-70.html.

Windstream Company Profile

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

Receive News & Ratings for Windstream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Windstream and related companies with MarketBeat.com's FREE daily email newsletter.