WideOpenWest, Inc. (WOW) Given Buy Rating at SunTrust Banks, Inc.

SunTrust Banks, Inc. reiterated their buy rating on shares of WideOpenWest, Inc. (NYSE:WOW) in a research note released on Tuesday. They currently have a $18.00 price objective on the stock.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada restated a buy rating and set a $20.00 price target on shares of WideOpenWest in a research note on Monday, September 18th. Zacks Investment Research lowered shares of WideOpenWest from a strong-buy rating to a hold rating in a research note on Wednesday, October 18th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $19.71.

Shares of WideOpenWest (NYSE WOW) traded down $1.34 during mid-day trading on Tuesday, reaching $10.22. 859,000 shares of the company’s stock were exchanged, compared to its average volume of 305,508. The company has a debt-to-equity ratio of -8.28, a current ratio of 0.95 and a quick ratio of 0.95. WideOpenWest has a fifty-two week low of $10.19 and a fifty-two week high of $18.83.

WideOpenWest (NYSE:WOW) last announced its quarterly earnings results on Monday, November 13th. The company reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.17. The business had revenue of $297.80 million for the quarter, compared to the consensus estimate of $302.00 million. The business’s revenue was down 4.3% on a year-over-year basis. analysts forecast that WideOpenWest will post 0.9 EPS for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of WOW. SG Americas Securities LLC bought a new stake in shares of WideOpenWest in the 3rd quarter worth $109,000. Tower Research Capital LLC TRC bought a new stake in shares of WideOpenWest in the 2nd quarter worth $113,000. New Jersey Better Educational Savings Trust bought a new stake in shares of WideOpenWest in the 2nd quarter worth $174,000. American International Group Inc. bought a new stake in shares of WideOpenWest in the 3rd quarter worth $195,000. Finally, Wells Fargo & Company MN bought a new stake in shares of WideOpenWest in the 2nd quarter worth $274,000. Hedge funds and other institutional investors own 51.11% of the company’s stock.

About WideOpenWest

WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.

Analyst Recommendations for WideOpenWest (NYSE:WOW)

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