Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Windstream (WIN) Stock Price

News stories about Windstream (NASDAQ:WIN) have trended somewhat positive recently, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Windstream earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.2997247275494 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of brokerages have recently weighed in on WIN. ValuEngine cut shares of Windstream from a “sell” rating to a “strong sell” rating in a research note on Tuesday, May 8th. Guggenheim began coverage on shares of Windstream in a research note on Tuesday, March 13th. They set a “sell” rating and a $1.35 price objective for the company. Zacks Investment Research cut shares of Windstream from a “hold” rating to a “sell” rating in a research note on Tuesday, February 27th. Finally, Morgan Stanley lowered their target price on shares of Windstream from $2.40 to $2.00 and set an “equal weight” rating for the company in a research note on Monday, March 19th. Five equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. Windstream presently has an average rating of “Hold” and an average target price of $1.96.

Shares of Windstream traded down $0.11, reaching $1.23, during mid-day trading on Monday, according to Marketbeat.com. The company had a trading volume of 4,869,515 shares, compared to its average volume of 2,823,702. The firm has a market cap of $251.63 million, a PE ratio of -0.75 and a beta of 0.14. Windstream has a fifty-two week low of $1.22 and a fifty-two week high of $4.72. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of -7.87.

Windstream (NASDAQ:WIN) last announced its quarterly earnings results on Thursday, May 3rd. The technology company reported ($0.65) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.59) by ($0.06). The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.47 billion. Windstream had a negative net margin of 35.79% and a negative return on equity of 191.89%. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the business earned ($0.89) EPS. equities research analysts anticipate that Windstream will post -2.32 earnings per share for the current year.

In other Windstream news, Director Michael G. Stoltz bought 29,734 shares of Windstream stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of $1.58 per share, for a total transaction of $46,979.72. Following the acquisition, the director now owns 97,453 shares of the company’s stock, valued at approximately $153,975.74. The acquisition was disclosed in a filing with the SEC, which is available at this link. 1.22% of the stock is owned by company insiders.

About Windstream

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.

Insider Buying and Selling by Quarter for Windstream (NASDAQ:WIN)

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