Cable One (CABO) Projected to Post Quarterly Earnings on Thursday

Cable One (NYSE:CABO - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $8.24 per share and revenue of $379.81 million for the quarter.

Cable One (NYSE:CABO - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $12.32 earnings per share for the quarter, beating analysts' consensus estimates of $12.21 by $0.11. Cable One had a positive return on equity of 9.38% and a negative net margin of 0.69%. The company had revenue of $380.60 million for the quarter, compared to the consensus estimate of $386.61 million. On average, analysts expect Cable One to post $32 EPS for the current fiscal year and $38 EPS for the next fiscal year.

Cable One Stock Down 6.0%

CABO stock traded down $9.20 during trading on Friday, reaching $143.56. 255,385 shares of the company traded hands, compared to its average volume of 205,238. Cable One has a 12 month low of $117.54 and a 12 month high of $436.99. The business has a 50 day simple moving average of $137.98 and a 200 day simple moving average of $221.82. The company has a market capitalization of $808.26 million, a price-to-earnings ratio of -57.20 and a beta of 0.81. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.36 and a current ratio of 0.36.

Analyst Ratings Changes

CABO has been the topic of a number of recent research reports. BNP Paribas Exane raised Cable One from an "underperform" rating to a "neutral" rating and set a $125.00 price objective on the stock in a research report on Monday, June 16th. BNP Paribas raised Cable One from a "strong sell" rating to a "hold" rating in a research report on Monday, June 16th. Raymond James Financial downgraded Cable One from an "outperform" rating to a "market perform" rating in a research report on Friday, May 2nd. JPMorgan Chase & Co. dropped their price objective on Cable One from $325.00 to $222.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 6th. Finally, KeyCorp reissued a "sector weight" rating on shares of Cable One in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $309.25.

Insider Activity

In other news, Director Wallace R. Weitz acquired 7,000 shares of Cable One stock in a transaction dated Friday, June 13th. The stock was purchased at an average cost of $132.53 per share, for a total transaction of $927,710.00. Following the completion of the purchase, the director directly owned 17,140 shares in the company, valued at $2,271,564.20. This trade represents a 69.03% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mary E. Meduski acquired 250 shares of Cable One stock in a transaction dated Wednesday, June 11th. The stock was purchased at an average price of $148.00 per share, with a total value of $37,000.00. Following the completion of the purchase, the director owned 3,599 shares of the company's stock, valued at approximately $532,652. The trade was a 7.46% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 7,400 shares of company stock valued at $984,342. Company insiders own 0.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Cable One by 4.7% during the first 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Cable One by 16.7% during the first 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 in the last quarter. Finally, AQR Capital Management LLC raised its position in Cable One by 172.6% during the first quarter. AQR Capital Management LLC now owns 16,947 shares of the company's stock valued at $4,482,000 after acquiring an additional 10,731 shares in the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

About Cable One

Cable One, Inc, together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides various residential video services from basic video service to digital services with access to hundreds of channels; and provides a cloud-based DVR feature that does not require the use of a set-top boxes.