A new trading day began on Tuesday, with Consolidated Communications Holdings Inc (NASDAQ: CNSL) stock price up 0.86% from the previous day of trading, before settling in for the closing price of $4.63. CNSL’s price has ranged from $4.18 to $4.70 over the past 52 weeks.
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A company in the Communication Services sector has dropped its sales by -4.50% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -4.90%. With a float of $76.14 million, this company’s outstanding shares have now reached $116.17 million.
In an organization with 3180 employees, it is important to assess its efficiency. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Consolidated Communications Holdings Inc is 35.73%, while institutional ownership is 48.31%.
Consolidated Communications Holdings Inc (CNSL) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.26 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.90% 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
Here are Consolidated Communications Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.05, a number that is poised to hit -0.45 in the next quarter and is forecasted to reach -1.60 in one year’s time.
Technical Analysis of Consolidated Communications Holdings Inc (CNSL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.64 million. That was better than the volume of 0.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.73%. 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 84.85%, which indicates a significant increase from 58.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 6.40% in the past 14 days, which was lower than the 6.57% 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 $4.46. However, in the short run, Consolidated Communications Holdings Inc’s stock first resistance to watch stands at $4.72. Second resistance stands at $4.76. The third major resistance level sits at $4.81. If the price goes on to break the first support level at $4.63, it is likely to go to the next support level at $4.58. Assuming the price breaks the second support level, the third support level stands at $4.54.
Consolidated Communications Holdings Inc (NASDAQ: CNSL) Key Stats
With a market capitalization of 553.24 million, the company has a total of 118,468K Shares Outstanding. Currently, annual sales are 1,110 M while annual income is -250,510 K. The company’s previous quarter sales were 271,090 K while its latest quarter income was -49,070 K.
