Consolidated Communications Hold (NASDAQ: CNSL) has reported E.P.S. of $-0.61 for its third fiscal quarter (ending September 30) versus $-0.15 for the same period a year ago. Relative to the consensus estimate of $-0.31, this was a shortfall of $-0.30. For the latest four quarters through September 30, E.P.S. were $-2.55 compared to $-1.40 a year ago.
Recent Price Action
On 11/7/23, Consolidated Communications Hold (NASDAQ: CNSL) stock declined by -1.2%, closing at $4.16. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CNSL is expected to continue to be a modest Value Builder.
Consolidated Communications Hold has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Consolidated Communications Hold has a neutral Appreciation Score of 53 but a good Power Rating of 77, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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