Zayo Group Holdings Company Profile (NYSE:ZAYO)

Zayo Group Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "ZAYO."

Zayo Group Holdings, Inc. (NYSE:ZAYO) posted its quarterly earnings results on Monday, August, 21st. The company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.02. The company earned $638 million during the quarter, compared to analyst estimates of $642.67 million. Zayo Group Holdings had a net margin of 3.90% and a return on equity of 7.48%. The company's revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.13) earnings per share. View Zayo Group Holdings' Earnings History.

Zayo Group Holdings is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Zayo Group Holdings.

17 equities research analysts have issued twelve-month target prices for Zayo Group Holdings' stock. Their forecasts range from $25.00 to $45.00. On average, they anticipate Zayo Group Holdings' stock price to reach $38.31 in the next year. View Analyst Ratings for Zayo Group Holdings.

Here are some recent quotes from research analysts about Zayo Group Holdings stock:

• 1. According to Zacks Investment Research, "Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure services, including dark fiber, wavelengths, SONET, Ethernet, IP services, and carrier-neutral colocation and interconnection. Its customers include wireline and wireless carriers, and high-bandwidth enterprises from disaster recovery, media content, educational, financial, government, healthcare, and other industries. Zayo Group Holdings, Inc. is headquartered in Boulder, Colorado. " (7/13/2017)
• 2. FBR & Co analysts commented, "We downgrade ZAYO to Underperform and lower our price target from $30 to $25. The lack of an enterprise sales force is a concern; and, despite synergy potential between ELI and Allstream, revenue at ZAYO Canada remains weak, and the business may need to restructure. Our checks indicate that, similarly to the decision by TELUS to build, versus buy, fiber from ZAYO in Canada, VZ's issuance of a 20- to 30-city, two-year, fiber RFP buildout may affect ZAYO's potential revenue opportunity and may provoke competitive fiber responses from cable companies. We see these as significant headwinds against ZAYO's achieving $3M in net installs organically. We think the company will rely more on M&A to drive long-term growth, as the organic business does not appear to be able to sustain the momentum it has enjoyed over the last few years." (2/10/2017)
• 3. BTIG Research analysts commented, "Zayo is an increasingly strategic asset as both cable and wireless companies densify their networks in advance of dramatic changes expected in video, wireless broadband and the new and innovative data intensive applications being developed by the technology industry. We expect Zayo to benefit whether these companies secure those assets through 10+ year contracts or an outright acquisition of the company. In the meantime, Zayo's broadening set of enterprise customers are driving a low churn, high margin, recurring revenue stream that we expect to experience accelerating growth over the next two years. The stagnation in bookings by these regular customers in recent quarters has not supported our thesis, but we still believe the company can grow this metric throughout 2017." (1/20/2017)

Some companies that are related to Zayo Group Holdings include STMicroelectronics N.V. (STM), Mettler-Toledo International (MTD), Snap (SNAP), KLA-Tencor Corporation (KLAC), Harris Corporation (HRS), SK Telecom Co. (SKM), AMTEK (AME), Liberty Media Corporation (LSXMA), Mobileye N.V. (MBLY), Arista Networks (ANET), CA (CA), Motorola Solutions (MSI), CGI Group (GIB), Maxim Integrated Products (MXIM), Palo Alto Networks (PANW), Advanced Micro Devices (AMD), Twitter (TWTR) and Synopsys (SNPS).

Zayo Group Holdings' management team includes the folowing people:

• Andrew E. Crouch, President, Chief Operating Officer
• Kenneth Desgarennes, Chief Financial Officer
• Jack Waters, Chief Technology Officer, President-Network Solutions
• Daniel P. Caruso, Chairman of the Board, Chief Executive Officer
• Steven N. Kaplan, Director
• Emily White, Director
• Philip A. Canfield, Independent Director
• Richard Webster Connor, Independent Director
• Donald H. Gips, Independent Director

Zayo Group Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include Capital World Investors (6.90%), Dodge & Cox (6.74%), Vanguard Group Inc. (5.61%), BlackRock Inc. (4.15%), Carmignac Gestion (1.98%) and Manning & Napier Advisors LLC (1.93%). Company insiders that own Zayo Group Holdings stock include Andrew Crouch, Christopher Morley, Daniel Caruso, Fund X/C Lp Gtcr, John F Jr Waters, Kenneth Desgarennes, Linda Rottenberg, Matthew Erickson, Nina Richardson and Richard W Connor. View Institutional Ownership Trends for Zayo Group Holdings.

Zayo Group Holdings' stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Manning & Napier Advisors LLC, JPMorgan Chase & Co., Westfield Capital Management Co. LP, FMR LLC, Wells Fargo & Company MN, Capital World Investors and Lord Abbett & CO. LLC. Company insiders that have sold Zayo Group Holdings stock in the last year include Andrew Crouch, Christopher Morley, Daniel Caruso, Fund X/C Lp Gtcr, John F Jr Waters, Kenneth Desgarennes, Linda Rottenberg, Nina Richardson and Richard W Connor. View Insider Buying and Selling for Zayo Group Holdings.

Zayo Group Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Carmignac Gestion, Neuberger Berman Group LLC, USS Investment Management Ltd, Janus Henderson Group PLC, Vanguard Group Inc., BlackRock Inc., Cibc World Markets Corp and Artisan Partners Limited Partnership. View Insider Buying and Selling for Zayo Group Holdings.

Shares of Zayo Group Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Zayo Group Holdings stock can currently be purchased for approximately $34.19.