Windstream (WIN) Getting Somewhat Positive Media Coverage, Report Finds

Press coverage about Windstream (NASDAQ:WIN) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Windstream earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.0868738400377 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of NASDAQ:WIN traded up $0.03 during midday trading on Friday, reaching $1.49. The company’s stock had a trading volume of 9,718 shares, compared to its average volume of 2,427,837. The company has a market capitalization of $294.59 million, a PE ratio of -0.91 and a beta of 0.14. The company has a debt-to-equity ratio of -7.87, a current ratio of 0.73 and a quick ratio of 0.66. Windstream has a 12-month low of $1.41 and a 12-month high of $1.45.

Windstream (NASDAQ:WIN) last released its earnings results on Thursday, May 3rd. The technology company reported ($0.65) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.59) by ($0.06). The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.47 billion. Windstream had a negative return on equity of 191.89% and a negative net margin of 35.79%. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.89) earnings per share. equities analysts anticipate that Windstream will post -2.38 EPS for the current fiscal year.

Several research firms have recently weighed in on WIN. Morgan Stanley reduced their target price on shares of Windstream from $2.40 to $2.00 and set an “equal weight” rating for the company in a research note on Monday, March 19th. Zacks Investment Research cut shares of Windstream from a “hold” rating to a “sell” rating in a research note on Tuesday, February 27th. BidaskClub lowered shares of Windstream from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 23rd. ValuEngine lowered shares of Windstream from a “sell” rating to a “strong sell” rating in a research report on Wednesday, March 7th. Finally, Guggenheim initiated coverage on shares of Windstream in a report on Tuesday, March 13th. They issued a “sell” rating and a $1.35 price objective for the company. Five investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $1.96.

In other news, Director Michael G. Stoltz purchased 29,734 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were bought at an average price of $1.58 per share, for a total transaction of $46,979.72. Following the purchase, the director now directly owns 97,453 shares in the company, valued at approximately $153,975.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.95% of the company’s stock.

Windstream Company Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.

Insider Buying and Selling by Quarter for Windstream (NASDAQ:WIN)

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