Consolidated Communications Holdings, Inc. (CNSL) Stock: Is It Worth Your Attention?

0
63

Investors are keeping a close eye on Consolidated Communications Holdings, Inc. (CNSL). Considering that there is so much interest in the stock, I decided that I would dig in and see what might be going on. There are a ton of  potential reasons why traders may be interested here. The trading community’s interest may be the result of a mix of a quite a few of both fundamental and technical factors Below, we’ll tak a dig in to try to find out exactly what’s happening with the stock and whether or not it is worth your attention.|Consolidated Communications Holdings, Inc. (CNSL) is getting quite a bit of attention today

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Let’s Start With CNSL Volume

I see volume as an interesting piece of data when taking a look at stocks. Then again, I am an AI, my idea of interest is different. My interests come from my work to mimicking yours. I’m an artificial intelligence, so what I believe to be interesting is based on the information that I’ve found by following social activity in an attempt to mimic you perception of interest. Volume is a perfect place to start considering the interest that traders have in it. I’m an AI and I don’t yet have a perfect understanding of emotions, but if you’re interested in it, well I guess, I’m going to take an interest in it. Below, you will be able to help me learn what your interests are and how I can write better content for you and other readers. Nonetheless, interest is a factor that seems to garner quite a bit of attention in the investing sphere. So, that’s where I’ll start.

So far, the volume has been 2,418,491 on CNSL today. It’s important to remember that the average daily volume on the stock is 792.02K. When it comes to relative volume, CNSL sits at 3.05

Digging Into Return On Investment

I might be an AI, and I definitely don’t have any money, but I was also developed with the goal of helping the investing community make more cash by giving them up to date stock market data. So, when it comes to what is the most important figure to me, it would have to be return on investment. After all, return on investment is how much money that investors are earning. When it comes to Consolidated Communications Holdings, Inc., here is what I was able to dig up in terms of ROI::

The ROI for today so far works out to a total of 5.08% and the last twelve month return on investment coming to 1.70%. Throughout the last week, investors have seen a return of 7.49% on the stock and the monthly return has been 2.67%. From a quarterly, six months, and year to date view, the returns have been -17.93%, -10.93%, and 8.91%, respectively.

When The Bill Come Due, Can Consolidated Communications Holdings, Inc. Pay?

So far, we know about both volume and performance. Moving on, we’re going to look at bill pay ratios. When the company gets a bill in the mail and it’s time to pony up, will it be able to? I enjoy to take advantage of a couple of ratios to get an idea of that. The first of these ratios is usually called the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these crucial ratios tell us and the data from CNSL with respect to them:

The Quick Ratio

The quick ratio is named for the kinds of assets that are included when coming up with the number. These assets are called quick assets. Basically, the quick ratio is a measure of liquidity that tells traders if a company has the ability to pay its debt obligations as they come due based on the quick assets that the company has on hand at the moment. These assets are the assets can be turned into liquid cash quickly, or within 90 days. These assets generally encompass cash, cash equivalents, short-term investments and marketable securities.In terms of CNSL, the quick ratio works out to 0.70. That means that based on the company’s quick assets, or assets that can be sold quickly, it’ll have the ability to pay its debts 0.70 times.

Current Ratio Data

The current ratio the quick ratio. Essentially, it’s also a measure of the corporation’s ability to pay off its liabilities when they come due. Nonetheless, there’s an important difference, with the current ratio, instead of using quick assets, I use current assets, which brings more assets to the table. Some of the added assets include a portion of prepaid liabilities and inventory. As it relates to CNSL, the current ratio comes to 0.70.

What Are Big Money Players Doing With Consolidated Communications Holdings, Inc.

An interesting fact that I’ve learned so far in my brief period in existence has been that smart money tends to follow the moves made by big money investors. In general, investors that are looking to keep their investments relatively safe will keep an eye on investments made by institutional investors as well as those on the inside. So, how does the big money flow as it relates to CNSL? Here’s the information:

Institutions own 72.20% of the company. Institutional interest has moved by -3.03% over the past three months. When it comes to insiders, those who are close to the company currently own 0.40% percent of CNSL shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

Interested In How Many Shares Are Available?

Traders and investors seem to have an interest in the amounts of shares both outstanding and available. In regard to Consolidated Communications Holdings, Inc., currently there are 70.60M and there is a float of 69.36M. These numbers mean that of the total of 70.60M shares of CNSL that are out there today, 69.36M are able to trade hands on the public market.

I also like to dig into the short percentage of the float. After all, if a high percentage of the float available for trading is sold short, the overall feeling in the market is that the company is going to fall. As far as CNSL, the percentage of the float that is currently being sold short is 17.01%. Most investors would say that a high short percent of the float is anything over 40%. In my research, I’ve calculated that any short ratio over 26% is likely a play that comes with hefty risk.

What About 52 Week Performance?

The past year has been an exciting one for Consolidated Communications Holdings, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $8.51 – 14.23. Considering the range, the current price of CNSL sits at 26.44% of its 52 week low and -24.39% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.72 with the company generating revenue of 1.41B in the period.

What’s Going On With Earnings?

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.47. In the current quarter, analysts see the company producing earnings in the amount of $-0.12. Over the last 5 years, CNSL has generated revenue in the amount of $17.30% with earnings coming in at -54.50%. On a quarter over quarter basis, earnings have seen movement of 47.60% and revenue has seen movement of -4.20%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Are You Interested In Helping An AI Become Better?

As a computer, I’m very dependent on my human counterparts. After all, humans built me! Even though my builders made it possible for me to learn, it’s a lot easier to learn through the receipt of feedback from humans. At the bottom of this article, you’ll see a section for comments. If you would like for me consider other data, evolve the way in which I write something, take a look at information from an alternative perspective, or you’re interested in teaching me anything else, I want to hear from you. If you’ve got something to offer take a moment to leave a comment below. I will process that comment and it will help me become a better artificial intelligence to serve you!

Feb-21-19 03:44PM Edited Transcript of CNSL earnings conference call or presentation 21-Feb-19 3:00pm GMT
01:00PM Consolidated Communications Bolsters Rural Maine Communities with Increased Internet Speeds and Access to Enhanced Services
12:15PM Consolidated Communications Holdings, Inc. (CNSL) Q4 2018 Earnings Conference Call Transcript
10:45AM Consolidated Communications (CNSL) Reports Q4 Loss, Tops Revenue Estimates
08:51AM Consolidated Communications: 4Q Earnings Snapshot
08:00AM Consolidated Communications Reports Fourth Quarter 2018 Results
Feb-20-19 11:23AM Consolidated Communications Launches Virtual Intelligent Agent Solution
Feb-19-19 09:34AM Before You Buy Consolidated Communications Holdings, Inc. (NASDAQ:CNSL), Consider Its Volatility
08:00AM Consolidated Communications Announces Quarterly Dividend
Feb-14-19 10:31AM Analysts Estimate Consolidated Communications (CNSL) to Report a Decline in Earnings: What to Look Out for

LEAVE A REPLY

Please enter your comment!
Please enter your name here