On Tuesday, Consolidated Communications Holdings Inc (NASDAQ: CNSL) opened at On Tuesday, remained unchanged from the last session, before settling in for the closing price of $4.68. Price fluctuations for CNSL have ranged from $4.18 to $4.72 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. Company’s average yearly earnings per share was noted -4.90% at the time writing. With a float of $76.14 million, this company’s outstanding shares have now reached $118.48 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
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Consolidated Communications Holdings Inc is 35.73%, while institutional ownership is 48.33%.
Consolidated Communications Holdings Inc (CNSL) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.26 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.36) by 0.1. 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
Check out the current performance indicators for Consolidated Communications Holdings Inc (CNSL). In the past quarter, the stock posted 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 1.13 million. That was better than the volume of 0.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.32%. 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 87.27%, which indicates a significant increase from 69.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.09% in the past 14 days, which was lower than the 6.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.64, 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 $4.69. Second resistance stands at $4.70. The third major resistance level sits at $4.71. If the price goes on to break the first support level at $4.67, it is likely to go to the next support level at $4.66. Assuming the price breaks the second support level, the third support level stands at $4.65.
Consolidated Communications Holdings Inc (NASDAQ: CNSL) Key Stats
There are currently 118,468K shares outstanding in the company with a market cap of 554.43 million. Presently, the company’s annual sales total 1,110 M according to its annual income of -250,510 K. Last quarter, the company’s sales amounted to 271,090 K and its income totaled -49,070 K.
