Analyst Ratings for Consolidated Communications Holdings Inc. (CNSL)Updated: 2017-07-27
Consolidated Communications Holdings Inc. (NASDAQ:CNSL) was awarded an average rating of Overweight from investment analysts following the stock. CNSL had previously received a consensus rating of Overweight a month ago.
Of the 8 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Investment analysts gave a few price targets for CNSL. The most optimistic analyst gave a price target of 26, which equates to a potential upside of 41.23 percent. The most pessimistic price target was 15, which equates to a potential downside of -18.52 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -23.33 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 7.78 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.11 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of CNSL's earnings is estimated by analysts to be 652.84 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CNSL has a PEG ratio of 0.43.
CNSL has traded between a high of 30.23 and a low of 17.41 over the past year. Currently the stock is 5.74 percent higher than its low, and 39.1 percent below the high. CNSL has a price/earnings ratio of 278.1. Investors typically compare the P/E ratio to a company's peers in the industry. The CNSL value stock report compares CNSL to some of its peers using value stock charts. The market cap of CNSL is $1.28 billion. CNSL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.