Cable One, Inc. (NYSE:CABO) Receives Average Rating of “Strong Sell” from Analysts

Shares of Cable One, Inc. (NYSE:CABOGet Free Report) have earned a consensus rating of “Strong Sell” from the six research firms that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $101.50.

CABO has been the subject of several research analyst reports. Zacks Research downgraded shares of Cable One from a “hold” rating to a “strong sell” rating in a research report on Friday, May 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cable One in a research report on Monday, April 20th. Wells Fargo & Company decreased their target price on Cable One from $90.00 to $70.00 and set an “underweight” rating on the stock in a research report on Friday, May 1st. TD Cowen decreased their target price on Cable One from $142.00 to $111.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Finally, BNP Paribas Exane cut Cable One from a “neutral” rating to an “underperform” rating and set a $80.00 target price on the stock. in a research report on Tuesday, February 24th.

Get Our Latest Research Report on Cable One

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC increased its holdings in shares of Cable One by 172.6% during the first quarter. AQR Capital Management LLC now owns 16,947 shares of the company’s stock worth $4,482,000 after buying an additional 10,731 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Cable One by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,361 shares of the company’s stock valued at $893,000 after acquiring an additional 151 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Cable One by 16.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,268 shares of the company’s stock valued at $4,589,000 after acquiring an additional 2,467 shares during the last quarter. Creative Planning lifted its stake in shares of Cable One by 59.7% in the 2nd quarter. Creative Planning now owns 3,238 shares of the company’s stock valued at $440,000 after acquiring an additional 1,210 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in shares of Cable One by 16,600.0% in the 2nd quarter. Federated Hermes Inc. now owns 1,002 shares of the company’s stock valued at $136,000 after acquiring an additional 996 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Cable One Stock Down 0.9%

Shares of CABO opened at $50.86 on Wednesday. Cable One has a one year low of $45.37 and a one year high of $180.74. The company has a market cap of $288.36 million, a P/E ratio of -0.87 and a beta of 0.55. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.75 and a quick ratio of 1.75. The firm has a 50 day simple moving average of $80.15 and a two-hundred day simple moving average of $97.25.

Cable One (NYSE:CABOGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $6.12 EPS for the quarter, missing the consensus estimate of $7.77 by ($1.65). Cable One had a negative net margin of 21.94% and a positive return on equity of 5.36%. The firm had revenue of $352.96 million for the quarter, compared to analyst estimates of $359.59 million. Research analysts forecast that Cable One will post 30.57 EPS for the current fiscal year.

About Cable One

(Get Free Report)

Cable One, Inc (NYSE:CABO) is an American provider of broadband communications services, offering a suite of residential and business solutions over a hybrid fiber-coaxial network. The company delivers high-speed internet access, digital video, voice communications and mobile services, alongside advanced managed Wi-Fi and cybersecurity tools. Cable One’s infrastructure supports both traditional cable offerings and converged IP-based platforms designed to meet evolving customer needs.

In addition to consumer-focused services, Cable One caters to small and medium-sized enterprises with dedicated business-class connectivity, Ethernet solutions and cloud-based voice applications.

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Analyst Recommendations for Cable One (NYSE:CABO)

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