News stories about Cable One (NYSE:CABO) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cable One earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.7340111405824 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of analysts have recently issued reports on CABO shares. Zacks Investment Research raised shares of Cable One from a “hold” rating to a “buy” rating and set a $781.00 price objective for the company in a report on Tuesday, March 6th. ValuEngine raised shares of Cable One from a “sell” rating to a “hold” rating in a report on Monday, April 2nd. Finally, Wells Fargo reaffirmed a “market perform” rating and set a $741.00 price objective (up from $700.00) on shares of Cable One in a report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. Cable One has a consensus rating of “Hold” and a consensus target price of $788.00.
NYSE CABO opened at $682.69 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 1.73. The firm has a market cap of $3,892.17, a PE ratio of 31.59, a P/E/G ratio of 8.19 and a beta of 0.23. Cable One has a 52-week low of $627.25 and a 52-week high of $788.00.
Cable One (NYSE:CABO) last posted its quarterly earnings results on Thursday, March 1st. The company reported $5.78 earnings per share for the quarter, missing the consensus estimate of $5.87 by ($0.09). The business had revenue of $257.71 million during the quarter, compared to the consensus estimate of $254.91 million. Cable One had a return on equity of 23.21% and a net margin of 24.63%. The business’s revenue for the quarter was up 24.7% on a year-over-year basis. During the same period in the prior year, the firm earned $4.23 earnings per share. equities analysts expect that Cable One will post 27.64 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Tuesday, February 20th were paid a $1.75 dividend. This represents a $7.00 annualized dividend and a yield of 1.03%. The ex-dividend date was Friday, February 16th. Cable One’s dividend payout ratio is presently 32.39%.
In other Cable One news, Director Thomas O. Might sold 2,823 shares of the business’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $726.54, for a total value of $2,051,022.42. Following the completion of the sale, the director now directly owns 15,140 shares of the company’s stock, valued at $10,999,815.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.
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About Cable One
Cable One, Inc owns and operates cable systems that provide data, video, and voice services in the United States. The company offers data services, including home.cableone.net, an Internet portal that provides various email addresses; and WiFi ONE, a Wi-Fi solution to enhance Wi-Fi signal throughout the home.
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