Cable One, Inc. (NYSE:CABO) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Analysts give Cable One a consensus rating of Reduce from eight covering the stock (3 sell, 4 hold, 1 strong buy), with an average 12‑month price target of $114.25.
• Cable One reported a major quarterly EPS shortfall — ($1.35) vs. $7.60 expected — and currently has a negative net margin and P/E, a market cap of about $548M, and wide share volatility (12‑month range $70.37–$277.55).

Shares of Cable One, Inc. (NYSE:CABO - Get Free Report) have received an average rating of "Reduce" from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $114.25.

CABO has been the topic of several analyst reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Cable One in a report on Wednesday, January 21st. Wells Fargo & Company decreased their price objective on Cable One from $107.00 to $90.00 and set an "underweight" rating on the stock in a report on Friday, February 27th. TD Cowen decreased their price objective on Cable One from $260.00 to $142.00 and set a "hold" rating on the stock in a report on Friday, February 27th. Zacks Research upgraded Cable One from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 12th. Finally, BNP Paribas Exane downgraded Cable One from a "neutral" rating to an "underperform" rating and set a $80.00 price objective on the stock. in a report on Tuesday, February 24th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its holdings in Cable One by 180.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 140 shares of the company's stock valued at $25,000 after purchasing an additional 90 shares during the period. Quarry LP increased its holdings in Cable One by 1,011.1% during the 3rd quarter. Quarry LP now owns 200 shares of the company's stock valued at $35,000 after purchasing an additional 182 shares during the period. Parallel Advisors LLC increased its holdings in Cable One by 2,288.9% during the 3rd quarter. Parallel Advisors LLC now owns 215 shares of the company's stock valued at $38,000 after purchasing an additional 206 shares during the period. Quantbot Technologies LP purchased a new position in Cable One during the 3rd quarter valued at about $39,000. Finally, Hantz Financial Services Inc. increased its holdings in Cable One by 107.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 255 shares of the company's stock valued at $45,000 after purchasing an additional 132 shares during the period. Hedge funds and other institutional investors own 89.92% of the company's stock.

Cable One Stock Up 5.3%

CABO opened at $96.66 on Tuesday. The company has a market cap of $548.26 million, a P/E ratio of -1.51 and a beta of 0.69. The business's 50-day moving average price is $101.04 and its 200-day moving average price is $116.92. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.81. Cable One has a 12 month low of $70.37 and a 12 month high of $277.55.

Cable One (NYSE:CABO - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($1.35) EPS for the quarter, missing the consensus estimate of $7.60 by ($8.95). The company had revenue of $363.74 million during the quarter, compared to analysts' expectations of $368.59 million. Cable One had a positive return on equity of 7.36% and a negative net margin of 23.74%. On average, equities analysts expect that Cable One will post 32.08 EPS for the current year.

About Cable One

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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