Windstream Holdings Inc (NYSE:WIN) has been assigned an average broker rating score of 3.13 (Hold) from the eight brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation, one has given a sell recommendation, five have issued a hold recommendation and one has given a strong buy recommendation to the company. Windstream Holdings’ rating score has declined by 8.7% in the last three months as a result of a number of analysts’ ratings changes.
Analysts have set a 12-month consensus target price of $9.80 for the company and are anticipating that the company will post ($0.39) earnings per share for the current quarter, according to Zacks. Zacks has also given Windstream Holdings an industry rank of 180 out of 265 based on the ratings given to related companies.
WIN has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Windstream Holdings from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research report on Thursday. Citigroup Inc. restated a “neutral” rating and set a $10.00 price target on shares of Windstream Holdings in a research report on Tuesday, July 5th. Jefferies Group restated a “sell” rating on shares of Windstream Holdings in a research report on Sunday, July 17th. Finally, Raymond James Financial Inc. restated an “underperform” rating on shares of Windstream Holdings in a research report on Friday, August 5th.
A number of hedge funds and other institutional investors have recently made changes to their positions in WIN. Emerald Acquisition Ltd. bought a new position in shares of Windstream Holdings during the second quarter valued at about $105,000. Sii Investments Inc. WI bought a new position in shares of Windstream Holdings during the second quarter valued at about $109,000. Teacher Retirement System of Texas raised its position in shares of Windstream Holdings by 4.1% in the second quarter. Teacher Retirement System of Texas now owns 12,826 shares of the company’s stock valued at $119,000 after buying an additional 504 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Windstream Holdings during the second quarter valued at about $157,000. Finally, KCG Holdings Inc. bought a new position in shares of Windstream Holdings during the second quarter valued at about $159,000.
Windstream Holdings (NYSE:WIN) opened at 8.81 on Thursday. The company’s 50-day moving average price is $9.19 and its 200 day moving average price is $8.79. Windstream Holdings has a 12 month low of $4.75 and a 12 month high of $10.46. The company’s market capitalization is $848.09 million.
Windstream Holdings (NYSE:WIN) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.36. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.37 billion. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter last year, the firm earned ($1.13) earnings per share. Analysts forecast that Windstream Holdings will post $0.41 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 17th. Investors of record on Friday, September 30th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.60 annualized dividend and a yield of 6.81%.
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