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 maximum price target given was 26, implying a possible profit of 41.23 percent. The most pessimistic analyst gave a price target of 15, implying potential capital losses of -18.52 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -23.33 percent. Meanwhile, fiscal year estimates have been revised upwards by 7.78 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.11 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
CNSL has an estimated earnings growth rate of 652.84 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CNSL is 0.43.
In the trailing 52-weeks, CNSL hit 30.23 at the highest peak, while it's lowest trading point was 17.41. The current market price is above the trailing year's low by 5.74 percent, and 39.1 percent below the high. CNSL has a P/E 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.