Cincinnati Bell Inc. (NYSE: CBB) started the day on June 26, 2020, with a price decrease of -0.34% at $14.85. During the day, the stock rose to $14.92 and sunk to $14.79 before settling in for the price of $14.90 at the close. Taking a more long-term approach, CBB posted a 52-week range of $3.19-$16.05.
It was noted that the giant of the Communication Services sector posted annual sales growth of 5.80% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -21.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.80%. This publicly-traded company’s shares outstanding now amounts to $50.50 million, simultaneously with a float of $49.68 million. The organization now has a market capitalization sitting at $753.34 million. At the time of writing, stock’s 50-day Moving Average stood at $14.77, while the 200-day Moving Average is $10.87.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 4400 workers. It has generated 349,250 per worker during the last fiscal year. Meanwhile, its income per employee was -15,136. The stock had 4.72 Receivables turnover and 0.57 Total Asset turnover. For the Profitability, stocks gross margin was +29.10, operating margin was +6.04 and Pretax Margin of -5.02.
Cincinnati Bell Inc. (CBB) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Telecom Services Industry. Cincinnati Bell Inc.’s current insider ownership accounts for 1.80%, in contrast to 95.10% institutional ownership. According to the most recent insider trade that took place on Mar 02, this organization’s Director sold 15,000 shares at the rate of 15.00, making the entire transaction reach 225,000 in total value, affecting insider ownership by 270,591. Preceding that transaction, on Jan 24, Company’s Director sold 15,000 for 13.31, making the whole transaction’s value amount to 199,650. This particular insider is now the holder of 285,591 in total.
Cincinnati Bell Inc. (CBB) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2020, the organization reported -$0.19 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.12) by -$0.07. This company achieved a net margin of -4.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
Cincinnati Bell Inc.’s EPS increase for this current 12-month fiscal period is 11.80% and is forecasted to reach -0.91 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 35.80% through the next 5 years, which can be compared against the -21.00% growth it accomplished over the previous five years trading on the market.
Cincinnati Bell Inc. (NYSE: CBB) Trading Performance Indicators
Let’s observe the current performance indicators for Cincinnati Bell Inc. (CBB). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 0.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.49. Similarly, its price to free cash flow for trailing twelve months is now 57.07.
In the same vein, CBB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.67, a figure that is expected to reach -0.19 in the next quarter, and analysts are predicting that it will be -0.91 at the market close of one year from today.
Technical Analysis of Cincinnati Bell Inc. (CBB)
If we take a close look at the recent performances of Cincinnati Bell Inc. (NYSE: CBB), its last 5-days Average volume was 0.88 million that shows plunge from its year to date volume of 0.88 million. During the previous 9 days, stock’s Stochastic %D was recorded 71.79% While, its Average True Range was 0.12.
Raw Stochastic average of Cincinnati Bell Inc. (CBB) in the period of the previous 100 days is set at 72.67%, which indicates a major rise in contrast to 64.52% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 5.26% that was lower than 40.23% volatility it exhibited in the past 100-days period.