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 maximum price target given was 50, implying potential capital gains of 63.4 percent. The most pessimistic analyst gave a price target of 31, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -25 percent. That number becomes 17.5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

In the last 52-weeks, SHEN has achieved a high of 41.47 and a low of 22.05. Currently the stock is 38.78 percent higher than its low, and below the high by 26.21 percent. 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 stock has a market capitalization of $1.5 billion. SHEN's next earnings release will be on 0000-00-00, which is days away.