NYSE:WOWWideOpenWest Stock Price, Forecast & News

$6.81

+0.31 (+4.77 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$6.44

Now: $6.81▼

$6.88

50-Day Range

$4.42

MA: $5.70▼

$6.51

52-Week Range

$2.95

Now: $6.81▼

$8.12

Volume391,600 shs

Average Volume354,458 shs

Market Capitalization$590.15 million

P/E Ratio20.03

Dividend YieldN/A

Beta1.65

WideOpenWest, Inc. provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. Its video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; and ultra-video products, as well as offers commercial-free movies, sports, and other special event entertainment programs. The company's telephony services consist of local and long-distance telephone services; business telephony and data services include fiber based, office-to-office metro Ethernet, session initiated protocol trunking, colocation infrastructure, cloud computing, managed backup, and recovery services. It serves approximately 3.2 million home and business customers in the states of Alabama, Florida, Georgia, Illinois, Indiana, Maryland, Michigan, Ohio, South Carolina, and Tennessee. The company was formerly known as WideOpenWest Kite, Inc. and changed its name to WideOpenWest, Inc. in March 2017. The company was founded in 2001 and is based in Englewood, Colorado.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
WideOpenWest has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.79, WideOpenWest has a potential upside of 14.3% from its current price of $6.81.
Amount of Analyst Coverage
WideOpenWest has only been the subject of 4 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
WideOpenWest has received 422 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
WideOpenWest has received 543 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
WideOpenWest has received 56.27% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about WideOpenWest and other stocks. Vote “Outperform” if you believe WOW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WOW will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
WideOpenWest does not currently pay a dividend.
Dividend Growth
WideOpenWest does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, WideOpenWest insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,893.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.00% of the stock of WideOpenWest is held by insiders.
Percentage Held by Institutions
79.34% of the stock of WideOpenWest is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for WideOpenWest are expected to grow by 28.57% in the coming year, from $0.49 to $0.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of WideOpenWest is 20.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of WideOpenWest is 20.03, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 29.22.

Overall Beat the Market Rank^™

2.03 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Cable & other pay television services

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNYSE:WOW

Previous Symbol

CUSIPN/A

CIK1701051

Webwww.wowway.com

Phone720-479-3500

Debt

Debt-to-Equity RatioN/A

Current Ratio0.61

Quick Ratio0.61

Price-To-Earnings

Trailing P/E Ratio20.03

Forward P/E Ratio13.90

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.15 billion

Price / Sales0.52

Cash Flow$3.07 per share

Price / Cash Flow2.22

Book Value($2.92) per share

Price / Book-2.33

Profitability

EPS (Most Recent Fiscal Year)$0.45

Net Income$36.40 million

Net Margins2.40%

Return on Equity-12.71%

Return on Assets1.34%

Miscellaneous

Employees2,200

Outstanding Shares86,659,000

Market Cap$590.15 million

Next Earnings Date8/7/2020 (Estimated)

OptionableOptionable

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WideOpenWest (NYSE:WOW) Frequently Asked Questions

How has WideOpenWest's stock been impacted by COVID-19 (Coronavirus)?

WideOpenWest's stock was trading at $4.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WOW shares have increased by 66.5% and is now trading at $6.81. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of WideOpenWest?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WideOpenWest in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for WideOpenWest.

When is WideOpenWest's next earnings date?

WideOpenWest is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for WideOpenWest.

How were WideOpenWest's earnings last quarter?

WideOpenWest Inc (NYSE:WOW) issued its quarterly earnings data on Wednesday, March, 4th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.13. The firm earned $283.50 million during the quarter, compared to the consensus estimate of $284.14 million. WideOpenWest had a net margin of 2.40% and a negative return on equity of 12.71%. The firm's revenue was down .7% on a year-over-year basis. During the same period last year, the company earned $1.25 EPS. View WideOpenWest's earnings history.

What price target have analysts set for WOW?

7 brokers have issued 12-month target prices for WideOpenWest's shares. Their forecasts range from $6.00 to $10.00. On average, they anticipate WideOpenWest's share price to reach $7.79 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price. View analysts' price targets for WideOpenWest.

Has WideOpenWest been receiving favorable news coverage?

Press coverage about WOW stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. WideOpenWest earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutWideOpenWest.

Are investors shorting WideOpenWest?

WideOpenWest saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 894,000 shares, a decline of 10.2% from the April 15th total of 995,800 shares. Based on an average trading volume of 389,900 shares, the short-interest ratio is currently 2.3 days. Approximately 1.8% of the shares of the stock are sold short. View WideOpenWest's Current Options Chain.

Who are some of WideOpenWest's key competitors?

Some companies that are related to WideOpenWest include Liberty Latin America (LILA), Amc Networks (AMCX), Liberty Latin America (LILAK), MSG Networks (MSGN), Hemisphere Media Group (HMTV), Ideanomics (IDEX), SoOum (SOUM) and Vidaroo (VIDA). View all competitors.

What other stocks do shareholders of WideOpenWest own?

Based on aggregate information from My MarketBeat watchlists, some companies that other WideOpenWest investors own include Energy Transfer LP Unit (ET), Ford Motor (F), Ring Energy (REI), Ring Energy (REI), Weyerhaeuser (WY), ANNALY CAP MGMT/SH (NLY), AT&T (T), CBL & Associates Properties (CBL), Centurylink (CTL) and Johnson & Johnson (JNJ).

Who are WideOpenWest's key executives?

WideOpenWest's management team includes the following people:

Ms. Teresa L. Elder, CEO & Director (Age 57)
Mr. Richard E. Fish Jr., Chief Financial Officer (Age 53)
Mr. Matthew John Bell, Chief Technology Officer (Age 51)
Mr. Donald Craig Martin, Gen. Counsel & Sec. (Age 67)
Ms. Nancy A. McGee, Chief Marketing & Sales Officer (Age 61)

When did WideOpenWest IPO?

(WOW) raised $401 million in an initial public offering (IPO) on Thursday, May 25th 2017. The company issued 19,100,000 shares at $20.00-$22.00 per share. UBS Investment Bank, Credit Suisse, RBC Capital Markets, SunTrust Robinson Humphrey, Evercore ISI and Macquarie Capital acted as the underwriters for the IPO and LionTree and Raymond James were co-managers.

What is WideOpenWest's stock symbol?

WideOpenWest trades on the New York Stock Exchange (NYSE) under the ticker symbol "WOW."

Who are WideOpenWest's major shareholders?

WideOpenWest's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (2.15%), Apollo Management Holdings L.P. (1.57%), JPMorgan Chase & Co. (1.26%), TCW Group Inc. (1.23%), Southeastern Asset Management Inc. TN (0.83%) and Gabelli Funds LLC (0.82%). Company insiders that own WideOpenWest stock include Crestview Partners Iii Gp, LP, David Brunick, Don Schena, Donald Craig Martin, Richard Edward Fish Jr, Robert D Perlmutter and Teresa L Elder. View institutional ownership trends for WideOpenWest.

Which major investors are selling WideOpenWest stock?

WOW stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Two Sigma Investments LP, Deutsche Bank AG, Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Quinn Opportunity Partners LLC, Parametric Portfolio Associates LLC, and Squarepoint Ops LLC. View insider buying and selling activity for WideOpenWest.

Which major investors are buying WideOpenWest stock?

WOW stock was bought by a variety of institutional investors in the last quarter, including Apollo Management Holdings L.P., TCW Group Inc., Southeastern Asset Management Inc. TN, Gabelli Funds LLC, Nuveen Asset Management LLC, LGT Capital Partners LTD., BlackRock Inc., and Jane Street Group LLC. Company insiders that have bought WideOpenWest stock in the last two years include Crestview Partners Iii Gp, LP, David Brunick, Don Schena, Donald Craig Martin, Richard Edward Fish Jr, Robert D Perlmutter, and Teresa L Elder. View insider buying and selling activity for WideOpenWest.

How do I buy shares of WideOpenWest?

Shares of WOW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is WideOpenWest's stock price today?

One share of WOW stock can currently be purchased for approximately $6.81.

How big of a company is WideOpenWest?

WideOpenWest has a market capitalization of $590.15 million and generates $1.15 billion in revenue each year. The company earns $36.40 million in net income (profit) each year or $0.45 on an earnings per share basis. WideOpenWest employs 2,200 workers across the globe.

What is WideOpenWest's official website?

The official website for WideOpenWest is www.wowway.com.

How can I contact WideOpenWest?

WideOpenWest's mailing address is 7887 EAST BELLEVIEW AVENUE SUITE 1000, ENGLEWOOD CO, 80111. The company can be reached via phone at 720-479-3500 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff