There’s a different equity story being told by sentiment: WideOpenWest Inc (WOW).

The closing price of WideOpenWest Inc (NYSE: WOW) was $3.03 for the day, down -0.33% from the previous closing price of $3.04. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 749233 shares were traded. WOW stock price reached its highest trading level at $3.1600 during the session, while it also had its lowest trading level at $3.0200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Ratios:

Our analysis of WOW’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 3.71 whereas as Long-Term Debt/Eq ratio is at 3.62.

On April 04, 2023, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $14.

Raymond James Downgraded its Strong Buy to Outperform on February 24, 2023, whereas the target price for the stock was revised from $21 to $14.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 03 ’23 when Hryckiewicz Henry sold 4,000 shares for $7.50 per share. The transaction valued at 30,000 led to the insider holds 189,151 shares of the business.

Hryckiewicz Henry sold 4,000 shares of WOW for $30,157 on Oct 02 ’23. The Chief Technology Officer now owns 193,151 shares after completing the transaction at $7.54 per share. On Sep 01 ’23, another insider, Hryckiewicz Henry, who serves as the Chief Technology Officer of the company, sold 4,000 shares for $8.05 each. As a result, the insider received 32,194 and left with 197,151 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WOW now has a Market Capitalization of 254.24M and an Enterprise Value of 1.19B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.73 whereas that against EBITDA is -9.96.

Stock Price History:

Over the past 52 weeks, WOW has reached a high of $11.75, while it has fallen to a 52-week low of $2.31. The 50-Day Moving Average of the stock is 3.5966, while the 200-Day Moving Average is calculated to be 5.9871.

Shares Statistics:

WOW traded an average of 700.89K shares per day over the past three months and 1.15M shares per day over the past ten days. A total of 83.56M shares are outstanding, with a floating share count of 48.33M. Insiders hold about 42.21% of the company’s shares, while institutions hold 50.34% stake in the company. Shares short for WOW as of Feb 29, 2024 were 1.86M with a Short Ratio of 2.66, compared to 1.47M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.23% and a Short% of Float of 3.84%.

Earnings Estimates

The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.15, while EPS last year was -$0.46. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.01 and low estimates of -$0.14.

Analysts are recommending an EPS of between $0.02 and -$0.6 for the fiscal current year, implying an average EPS of -$0.29. EPS for the following year is -$0.3, with 4 analysts recommending between -$0.01 and -$0.73.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $161.7M to a low estimate of $160.9M. As of the current estimate, WideOpenWest Inc’s year-ago sales were $172.2M, an estimated decrease of -6.30% from the year-ago figure.

A total of 4 analysts have provided revenue estimates for WOW’s current fiscal year. The highest revenue estimate was $661.3M, while the lowest revenue estimate was $641.3M, resulting in an average revenue estimate of $647.54M. In the same quarter a year ago, actual revenue was $686.7M, down -5.70% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $627.42M in the next fiscal year. The high estimate is $647.5M and the low estimate is $610.7M. The average revenue growth estimate for next year is down -3.10% from the average revenue estimate for this year.

Most Popular