There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that Consolidated Communications Shareholders Approve Proposed Transaction with Searchlight and BCI.
As a NASDAQ listed company, CNSL falls under the Communication Services sector while operating within the Telecom Services industry segment. At the end of the last regular session, the stock closed at $4.33 and fluctuated between $4.3500 as its day high and $4.3100 as its day low. The current market capitalization of Consolidated Communications Holdings Inc is $503.10M. A total of 1.04 million shares were traded on the day, compared to an average of 764.61K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CNSL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 0 SELLs from insiders. Insiders purchased 597,773 shares during that period but sold 0.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CNSL in the last 3 months, the mean price target is $4.33 with high estimates of $4.70 and low estimates of $4.00. In terms of 52-week highs and lows, CNSL has a high of $4.70 and a low of $2.10.
As of this writing, CNSL has an earnings estimate of -$0.34 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.31 per share and a lower estimate of -$0.36. The company reported an EPS of -$0.28 in the last quarter, which was -3.70% lower than expectations of -$0.27.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CNSL’s latest balance sheet shows that the firm has $210.44M in Cash & Short Term Investments as of fiscal 2021. There were $2.13B in debt and $285.55M in liabilities at the time. Its Book Value Per Share was $4.09, while its Total Shareholder’s Equity was $836.38M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CNSL is Buy with a score of 3.00.