For its second fiscal quarter (ending June 30), Cable One Inc (NYSE: CABO) has reported E.P.S. of $8.48 compared to $9.76 a year ago. E.P.S. were $44.50 for the latest four quarters through June 30 versus $18.52 for the same period a year ago.
Recent Price Action
On 8/1/24, Cable One Inc (NYSE: CABO) stock declined by -2.1%, closing at $404.56. However, below average trading volume at 74% of normal accompanied the decline. The stock has risen 18.2% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CABO is expected to continue to be an important Value Builder.
Cable One has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cable One has a neutral Appreciation Score of 60 but a very low Power Rating of 0, 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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