Consolidated Communications Hold (NASDAQ: CNSL) has reported a loss for its third fiscal quarter (ending September 30) of $-0.54 versus a loss $-0.61 for the same period a year ago — a decline of -11%. For the latest four quarters through September 30, E.P.S. were $-2.05 versus $-2.55 for the same period a year ago — a decline of -20%.
Recent Price Action
Consolidated Communications Hold (NASDAQ: CNSL) stock closed at $4.65 on 11/5/24 after a slight gain of 0.2%. However, below average trading volume at 67% of normal accompanied the advance. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.
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 D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Consolidated Communications Hold has a poor Appreciation Score of 18 but a neutral Power Rating of 51, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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