With 0.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 87680.0 shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $366.8987 whereas the lowest price it dropped to was $352.445. The 52-week range on CABO shows that it touched its highest point at $574.53 and its lowest point at $311.28 during that stretch. It currently has a 1-year price target of $487.14. With its current market cap of 2.03 billion, CABO has annualized dividend of $11.80 while the current yield stands at 3.27%. Beta for the stock currently stands at 0.91.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CABO was down-trending over the past week, with a drop of -0.32%, but this was down by -14.41% over a month. Three-month performance surged to 14.20% while six-month performance rose 10.09%. The stock lost -35.18% in the past year, while it has lost -0.32% so far this year. A look at the trailing 12-month EPS for CABO yields 33.53 with Next year EPS estimates of 38.15. For the next quarter, that number is 9.38. This implies an EPS growth rate of -26.31% for this year and 14.70% for next year. EPS is expected to decline by -5.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.76%.
Float and Shares Shorts:
At present, 5.62 million CABO shares are outstanding with a float of 4.46 million shares on hand for trading. On 2024-12-13, short shares totaled 0.67 million, which was 1189.99995 higher than short shares on 1731628800. In addition to Ms. Julia M. Laulis as the firm’s Chairwoman, President & CEO, Mr. Todd M. Koetje serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 1.09192 of CABO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CABO reported revenue of $393555000.0 and operating income of $115344000.0. The EBITDA in the recently reported quarter was $207291000.0 and diluted EPS was $7.58.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CABO since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CABO analysts setting a high price target of 825.0 and a low target of 335.0, the average target price over the next 12 months is 485.0. Based on these targets, CABO could surge 128.56% to reach the target high and fall by -7.19% to reach the target low. Reaching the average price target will result in a growth of 34.37% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $33.59599 being high and $32.85505 being low. For CABO, this leads to a yearly average estimate of $33.26403.
