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.
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.
