Windstream Holdings, Inc. (WIN) Given Average Rating of “Sell” by Brokerages

Shares of Windstream Holdings, Inc. (NASDAQ:WIN) have been given an average rating of “Sell” by the eight analysts that are currently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $2.25.

A number of research firms recently weighed in on WIN. BidaskClub raised shares of Windstream from a “hold” rating to a “buy” rating in a research note on Saturday, December 2nd. Canaccord Genuity reissued a “buy” rating and set a $3.00 price target on shares of Windstream in a research note on Friday, November 24th. Barclays began coverage on shares of Windstream in a research note on Friday, December 15th. They set an “underweight” rating and a $1.50 price target for the company. JPMorgan Chase & Co. downgraded shares of Windstream from a “neutral” rating to an “underweight” rating in a research note on Tuesday, January 2nd. Finally, Zacks Investment Research downgraded shares of Windstream from a “hold” rating to a “sell” rating in a research note on Saturday, January 13th.

A number of large investors have recently modified their holdings of WIN. Teacher Retirement System of Texas increased its stake in Windstream by 300.4% in the fourth quarter. Teacher Retirement System of Texas now owns 60,764 shares of the technology company’s stock valued at $112,000 after purchasing an additional 45,589 shares in the last quarter. Bank of Montreal Can increased its position in shares of Windstream by 2,071.1% during the fourth quarter. Bank of Montreal Can now owns 106,928 shares of the technology company’s stock worth $197,000 after acquiring an additional 102,003 shares in the last quarter. Cubist Systematic Strategies LLC increased its position in shares of Windstream by 287.1% during the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock worth $204,000 after acquiring an additional 85,500 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its position in shares of Windstream by 848,461.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 110,313 shares of the technology company’s stock worth $204,000 after acquiring an additional 110,300 shares in the last quarter. Finally, Aperio Group LLC increased its position in shares of Windstream by 126.9% during the fourth quarter. Aperio Group LLC now owns 155,688 shares of the technology company’s stock worth $288,000 after acquiring an additional 87,066 shares in the last quarter. 66.30% of the stock is owned by hedge funds and other institutional investors.

Windstream (NASDAQ WIN) traded down $0.07 on Friday, hitting $1.39. 1,600,235 shares of the company were exchanged, compared to its average volume of 1,890,275. The company has a debt-to-equity ratio of 20.24, a quick ratio of 0.70 and a current ratio of 0.77. The company has a market capitalization of $274.36, a P/E ratio of -0.51 and a beta of 0.05. Windstream has a twelve month low of $1.39 and a twelve month high of $7.93.

Windstream (NASDAQ:WIN) last posted its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.55) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.46) by ($0.09). The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.51 billion. Windstream had a negative return on equity of 64.22% and a negative net margin of 6.49%. equities analysts anticipate that Windstream will post -2.18 earnings per share for the current fiscal year.

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About Windstream

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

Analyst Recommendations for Windstream (NASDAQ:WIN)

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