Media headlines about Cable One (NYSE:CABO) have been trending positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cable One earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.7743317772875 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern’s analysis:
Cable One (NYSE CABO) opened at $681.93 on Friday. The stock has a market capitalization of $3,910.00 and a P/E ratio of 33.30. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.21. Cable One has a 1 year low of $615.98 and a 1 year high of $788.00.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Tuesday, February 20th will be given a dividend of $1.75 per share. The ex-dividend date is Friday, February 16th. This represents a $7.00 annualized dividend and a dividend yield of 1.03%. Cable One’s payout ratio is 34.18%.
Several research analysts recently issued reports on CABO shares. Zacks Investment Research raised Cable One from a “hold” rating to a “strong-buy” rating and set a $787.00 target price on the stock in a research report on Monday, November 13th. JPMorgan Chase & Co. cut Cable One from a “neutral” rating to an “underweight” rating in a research report on Monday, November 13th. Wells Fargo & Co reaffirmed a “market perform” rating and set a $700.00 target price (down previously from $761.00) on shares of Cable One in a research report on Monday, November 13th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $815.00 target price on shares of Cable One in a research report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $789.50.
In related news, Director Thomas O. Might sold 2,823 shares of Cable One stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $726.54, for a total transaction of $2,051,022.42. Following the sale, the director now directly owns 15,140 shares in the company, valued at $10,999,815.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Thomas O. Might sold 2,793 shares of Cable One stock in a transaction on Friday, December 15th. The stock was sold at an average price of $676.44, for a total value of $1,889,296.92. Following the sale, the chairman now owns 37,702 shares in the company, valued at $25,503,140.88. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,904 shares of company stock worth $8,223,705. 1.30% of the stock is owned by insiders.
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Cable One Company Profile
Cable One, Inc is a provider of data, video and voice services. The Company offers products, including Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. As of May 1, 2017, the Company provided data, video and voice services in 21 Western, Midwestern and Southern states.
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