Windstream (NASDAQ:WIN) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a report issued on Thursday.

A number of other research firms also recently weighed in on WIN. Bank of America cut their price target on shares of Windstream from $7.50 to $4.50 and set an “underperform” rating on the stock in a report on Monday, August 13th. Cowen restated a “buy” rating and set a $8.00 price target on shares of Windstream in a report on Friday, August 10th. Zacks Investment Research downgraded shares of Windstream from a “buy” rating to a “hold” rating in a report on Monday, September 24th. Finally, Citigroup downgraded shares of Windstream from a “neutral” rating to a “sell” rating and set a $2.25 price target on the stock. in a report on Wednesday, July 18th. Seven analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $4.98.

Shares of NASDAQ:WIN opened at $5.02 on Thursday. The firm has a market cap of $197.95 million, a price-to-earnings ratio of -0.60 and a beta of 0.09. Windstream has a 12-month low of $3.03 and a 12-month high of $13.65.

Windstream (NASDAQ:WIN) last issued its earnings results on Thursday, November 8th. The technology company reported ($2.57) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.58) by $0.01. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.43 billion. The company’s quarterly revenue was down 5.1% on a year-over-year basis. During the same period last year, the business earned ($2.75) EPS. Equities research analysts expect that Windstream will post -10.62 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC bought a new position in Windstream in the 2nd quarter worth $131,000. MYDA Advisors LLC bought a new position in shares of Windstream during the 2nd quarter worth about $132,000. Acadian Asset Management LLC bought a new position in shares of Windstream during the 2nd quarter worth about $173,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp bought a new position in shares of Windstream during the 2nd quarter worth about $174,000. Finally, Raymond James & Associates increased its holdings in shares of Windstream by 31.2% during the 2nd quarter. Raymond James & Associates now owns 44,557 shares of the technology company’s stock worth $235,000 after purchasing an additional 10,607 shares during the period. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Windstream Company Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.

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Analyst Recommendations for Windstream (NASDAQ:WIN)

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