Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.
Covering sell-side analysts have recently weighed in on shares of Windstream Holdings, Inc. The mean target price as estimated by the analysts for the company has been recorded at $2.82. Windstream Holdings had 17 analyst reports since August 4, 2015 according to SRatingsIntel. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. On Thursday, March 2 the stock rating was upgraded by Jefferies to "Hold".
Windstream Holdings (NYSE WIN) opened at 2.04 on Thursday. Market Capitalization if basically the market value of the company's shares outstanding. Windstream Holdings has a 52-week low of $1.87 and a 52-week high of $10.46. (NASDAQ:WIN) to report earnings on November, 6. The company reported ($0.37) EPS for the quarter, beating the consensus estimate of ($0.45) by $0.08. The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.50 billion. For the quarter, shares have been noted at -55.07%. However a year ago for the same quarter the company has reported $-0.39 EPS. Analysts forecast that Windstream Holdings will post ($2.06) EPS for the current fiscal year.
Windstream Holdings Inc (NYSE:WIN) opened at 2.04 on Friday.
ILLEGAL ACTIVITY WARNING: This news story was originally posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. The original version of this piece can be read at https://stocknewstimes.com/2017/09/16/windstream-holdings-inc-win-rating-reiterated-by-jefferies-group-llc.html. The company was downgraded on Tuesday, August 4 by Zacks. Can now owns 21,720 shares of the company's stock worth $118,000 after purchasing an additional 12,774 shares in the last quarter. Following the completion of the purchase, the director now owns 157,971 shares in the company, valued at approximately $331,739.10. The stock has been active on the tape, now trading at $2.03, down from yesterday's close by -1.46%. Following the transaction, the director now owns 637,006 shares of the company's stock, valued at $1,254,901.82. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
In related news, Director Alan L. Wells acquired 68,000 shares of the company's stock in a transaction dated Tuesday, August 8th. A negative earnings surprise will usually result in a decline in share price. This company right now is valued at $14.05B. The disclosure for this purchase can be found here. However, most financial instruments are traded after hours, which means that the the closing price of a stock might not match the after-hours price.
Analysts on average have given a price target of $2.82 to Windstream Holdings, Inc.
Windstream Hldgs Inc (NASDAQ:WIN)'s revenue estimates for the current quarter are $1.51 Billion according to 9 number of analysts, for the current quarter the company has high revenue estimates of $1.54 Billion in contradiction of low revenue estimates of $1.47 Billion.
A total of 3.87 Billion shares exchanged at hands and its average trading volume is standing at 4.01 Million shares.
In other news, Director Anthony W. Thomas acquired 25,381 shares of the firm's stock in a transaction dated Thursday, August 17th. Lapides Asset Management LLC boosted its holdings in Windstream Holdings by 45.5% in the second quarter.
When the trading finished on 09/14/2017, shares of FirstEnergy Corp.