News stories about Shenandoah Telecommunications (NASDAQ:SHEN) have trended somewhat positive on Friday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shenandoah Telecommunications earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 45.9740127032011 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of equities analysts have recently issued reports on the company. BidaskClub cut Shenandoah Telecommunications from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th. TheStreet cut Shenandoah Telecommunications from a “b-” rating to a “c+” rating in a report on Friday, November 10th. Finally, Zacks Investment Research upgraded Shenandoah Telecommunications from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $35.00.
Shenandoah Telecommunications (SHEN) opened at $33.15 on Friday. Shenandoah Telecommunications has a 52-week low of $25.35 and a 52-week high of $41.80. The stock has a market capitalization of $1,620.00, a P/E ratio of 301.36 and a beta of 0.69. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.34 and a quick ratio of 1.28.
Shenandoah Telecommunications (NASDAQ:SHEN) last announced its earnings results on Thursday, November 2nd. The utilities provider reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.08. Shenandoah Telecommunications had a return on equity of 4.04% and a net margin of 0.91%. The firm had revenue of $151.80 million during the quarter, compared to analyst estimates of $153.64 million. During the same quarter in the prior year, the company earned ($0.16) EPS. The business’s revenue was down 3.2% compared to the same quarter last year. research analysts expect that Shenandoah Telecommunications will post 0.16 earnings per share for the current fiscal year.
Shenandoah Telecommunications Company Profile
Shenandoah Telecommunications Company is a telecommunications holding company. The Company’s segments are Wireless, Cable, Wireline and Other. The Company, through its operating subsidiaries, provides both regulated and unregulated telecommunications services to end user customers and other telecommunications providers in Virginia, West Virginia, central Pennsylvania, western Maryland, and portions of Kentucky and Ohio.