Consolidated Communications Hold (NASDAQ: CNSL) has reported a loss for its second fiscal quarter (ending June 30) of $-0.58 versus a loss $-1.05 for the same period a year ago. This result fell short of the consensus estimate of $-0.43 by $-0.15. For the latest four quarters through June 30, E.P.S. were $-2.13 versus $-2.08 for the same period a year ago.
Recent Price Action
On 8/6/24, Consolidated Communications Hold (NASDAQ: CNSL) stock declined slightly by -0.2%, closing at $4.53. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -1.3% during the last week.
Current PriceTarget Research Rating
CNSL is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Consolidated Communications Hold has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Consolidated Communications Hold has a poor Power Rating of 29 and a poor Appreciation Score of 16, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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