Analyst Ratings for Shenandoah Telecommunications Co. (SHEN)

Updated: 2017-07-27

Shenandoah Telecommunications Co. (NASDAQ:SHEN) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for SHEN last month.

A buy rating was issued by 1 analysts, 2 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for SHEN. The highest price target was 50, which equates to a potential upside of 63.4 percent. The lowest price target was 31, implying potential capital losses of 1.31 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 downwards for this quarter, by about -25 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 17.5 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 169.57 percent in FY estimates.

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 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

SHEN has traded between a high of 41.47 and a low of 22.05 over the past year. Currently the stock is 38.78 percent higher than its low, and 26.21 percent lower than its 52-week high. SHEN has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SHEN value stock report compares SHEN to some of its peers using value stock charts. The market cap of SHEN is $1.5 billion. SHEN's next earnings release will be on 0000-00-00, which is days away.