Cable One (NYSE:CABO) Receives "Sector Weight" Rating from KeyCorp

KeyCorp restated their sector weight rating on shares of Cable One (NYSE:CABO - Free Report) in a report published on Friday morning, Marketbeat.com reports. KeyCorp also issued estimates for Cable One's Q2 2025 earnings at $9.84 EPS, Q1 2026 earnings at $10.91 EPS, Q2 2026 earnings at $10.89 EPS and Q3 2026 earnings at $11.30 EPS.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company cut their price target on Cable One from $340.00 to $240.00 and set an "underweight" rating for the company in a report on Friday, February 28th. JPMorgan Chase & Co. decreased their price target on shares of Cable One from $420.00 to $325.00 and set a "neutral" rating on the stock in a research note on Monday, March 3rd.

Cable One Stock Down 5.0 %

Shares of NYSE:CABO traded down $9.13 during midday trading on Friday, reaching $173.86. The company had a trading volume of 84,261 shares, compared to its average volume of 119,603. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. The business's 50 day moving average price is $254.64 and its 200 day moving average price is $318.27. The stock has a market cap of $978.46 million, a PE ratio of 4.02 and a beta of 1.00. Cable One has a 1-year low of $150.00 and a 1-year high of $437.00.

Cable One (NYSE:CABO - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $12.32 earnings per share for the quarter, beating the consensus estimate of $12.21 by $0.11. The business had revenue of $380.60 million during the quarter, compared to analysts' expectations of $386.61 million. Cable One had a net margin of 15.86% and a return on equity of 10.98%. Research analysts forecast that Cable One will post 32.08 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Wallace R. Weitz purchased 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average cost of $244.02 per share, with a total value of $244,020.00. Following the acquisition, the director now owns 5,584 shares of the company's stock, valued at $1,362,607.68. This trade represents a 21.82 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.90% of the company's stock.

Institutional Trading of Cable One

A number of hedge funds and other institutional investors have recently modified their holdings of CABO. AlphaQuest LLC bought a new position in Cable One in the fourth quarter valued at about $49,000. Sound Income Strategies LLC acquired a new stake in Cable One during the 4th quarter worth about $50,000. Farther Finance Advisors LLC raised its position in shares of Cable One by 1,435.7% in the 1st quarter. Farther Finance Advisors LLC now owns 215 shares of the company's stock worth $58,000 after acquiring an additional 201 shares in the last quarter. Federated Hermes Inc. lifted its stake in shares of Cable One by 201.8% in the 4th quarter. Federated Hermes Inc. now owns 166 shares of the company's stock valued at $60,000 after purchasing an additional 111 shares during the period. Finally, KBC Group NV grew its stake in Cable One by 45.0% during the fourth quarter. KBC Group NV now owns 232 shares of the company's stock worth $84,000 after purchasing an additional 72 shares during the period. Institutional investors own 89.92% of the company's stock.

Cable One Company Profile

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.