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, which equates to a potential upside of 63.4 percent. The minimum price target given was 31, implying a possible loss of 1.31 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -25 percent. The average change in earnings estimates over the last 90 days is 17.5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 169.57 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 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

SHEN has traded between a high of 41.47 and a low of 22.05 over the past year. The current market price is above the trailing year's low by 38.78 percent, and 26.21 percent below the 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 stock has a market capitalization of $1.5 billion. SHEN will post this quarters earnings in days, on 0000-00-00.