Consolidated Communications Holdings Inc (NASDAQ: CNSL) on Tuesday, soared 0.22% from the previous trading day, before settling in for the closing price of $4.62. Within the past 52 weeks, CNSL’s price has moved between $4.16 and $4.70.
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Communication Services Sector giant saw their annual sales slid by -4.50% over the last five years. The company achieved an average annual earnings per share of -12.22%. With a float of $76.14 million, this company’s outstanding shares have now reached $116.17 million.
The firm has a total of 3180 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.73%, operating margin of -3.86%, and the pretax margin is -21.42%.
Consolidated Communications Holdings Inc (CNSL) Insider Activity
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Consolidated Communications Holdings Inc is 35.73%, while institutional ownership is 48.30%.
Consolidated Communications Holdings Inc (CNSL) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.26 earnings per share (EPS) for the period topping the consensus outlook (set at -0.36) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.00% during the next five years compared to -28.91% drop over the previous five years of trading.
Consolidated Communications Holdings Inc (NASDAQ: CNSL) Trading Performance Indicators
Consolidated Communications Holdings Inc (CNSL) is currently performing well based on its current performance indicators. A quick ratio of 0.76 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.05, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach -1.77 in one year’s time.
Technical Analysis of Consolidated Communications Holdings Inc (CNSL)
Analysing the last 5-days average volume posted by the [Consolidated Communications Holdings Inc, CNSL], we can find that recorded value of 0.56 million was better than the volume posted last year of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 29.17%. Additionally, its Average True Range was 0.03.
During the past 100 days, Consolidated Communications Holdings Inc’s (CNSL) raw stochastic average was set at 78.13%, which indicates a significant increase from 30.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.45% in the past 14 days, which was lower than the 6.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.63, while its 200-day Moving Average is $4.45. Now, the first resistance to watch is $4.65. This is followed by the second major resistance level at $4.67. The third major resistance level sits at $4.69. If the price goes on to break the first support level at $4.61, it is likely to go to the next support level at $4.59. Should the price break the second support level, the third support level stands at $4.57.
Consolidated Communications Holdings Inc (NASDAQ: CNSL) Key Stats
Market capitalization of the company is 548.50 million based on 118,468K outstanding shares. Right now, sales total 1,110 M and income totals -250,510 K. The company made 271,090 K in profit during its latest quarter, and -49,070 K in sales during its previous quarter.
