Price Action Don’t Lie: What Next for Windstream Holdings, Inc. Stock After Today’s Significant Decline?

Price Action Don't Lie: What Next for Windstream Holdings, Inc. Stock After Today's Significant Decline?

The stock of Windstream Holdings, Inc. (NASDAQ:WIN) is a huge mover today! The stock decreased 2.62% or $0.27 during the last trading session, hitting $10.05. About 1.67 million shares traded hands or 21.01% up from the average. Windstream Holdings, Inc. (NASDAQ:WIN) has risen 33.64% since February 29, 2016 and is uptrending. It has outperformed by 23.22% the S&P500.
The move comes after 6 months negative chart setup for the $993.45M company. It was reported on Oct, 1 by Barchart.com. We have $9.55 PT which if reached, will make NASDAQ:WIN worth $49.67M less.

Analysts await Windstream Holdings, Inc. (NASDAQ:WIN) to report earnings on November, 3. They expect $-0.42 EPS, down 223.08% or $0.29 from last year’s $-0.13 per share. After $-0.29 actual EPS reported by Windstream Holdings, Inc. for the previous quarter, Wall Street now forecasts 44.83% negative EPS growth.

Windstream Holdings, Inc. (NASDAQ:WIN) Ratings Coverage

Out of 4 analysts covering Windstream Holdings (NASDAQ:WIN), 1 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 25% are positive. Windstream Holdings has been the topic of 6 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was downgraded by Raymond James on Friday, August 5 to “Underperform”. The firm earned “Hold” rating on Tuesday, August 4 by Zacks. RBC Capital Markets upgraded the stock to “Outperform” rating in Tuesday, December 1 report. On Tuesday, December 1 the stock rating was upgraded by Raymond James to “Outperform”.

According to Zacks Investment Research, “Windstream Holdings, Inc. offers advanced network communications, including cloud computing and managed services, to businesses. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream Holdings, Inc., formerly known as Windstream Corporation, is based in Little Rock, Arkansas.”

Insitutional Activity: The institutional sentiment decreased to 0.33 in 2016 Q2. Its down 1.67, from 2 in 2016Q1. The ratio is negative, as 2 funds sold all Windstream Holdings, Inc. shares owned while 1 reduced positions. 0 funds bought stakes while 1 increased positions. They now own 469,461 shares or 15.42% less from 555,065 shares in 2016Q1.
Pinnacle Holdg Lc has invested 0% of its portfolio in Windstream Holdings, Inc. (NASDAQ:WIN). Pvg Asset owns 126,286 shares or 0% of their US portfolio. Ray Gerald L And Assoc last reported 15,156 shares in the company. Moreover, Huntington Bancorp has 0.04% invested in Windstream Holdings, Inc. (NASDAQ:WIN) for 195,729 shares. Lmr Prtnrs Llp holds 109,791 shares or 0.16% of its portfolio.

More news for Windstream Holdings, Inc. (NASDAQ:WIN) were recently published by: Seekingalpha.com, which released: “Windstream upsizes term loans, redeems 2017 senior notes” on September 30, 2016. Nasdaq.com‘s article titled: “Ex-Dividend Reminder: Xerox, Windstream Holdings and Granite Construction” and published on September 26, 2016 is yet another important article.

WIN Company Profile

Windstream Holdings, Inc., incorporated on May 23, 2013, is a holding company. The Firm provides advanced network communications and technology solutions for consumers, businesses, enterprise organizations and carrier partners across the United States. It provides data, cloud solutions, unified communications and managed services to small business and enterprise clients. In addition, the Company offers bundled services, including broadband, security solutions, voice and digital television to consumers. It supplies core transport solutions on a local and long-haul fiber-optic network spanning approximately 125,000 miles. The Company’s divisions include Consumer and Small Business-ILEC; Carrier; Enterprise, and Small Business-CLEC.

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