Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) has obtained a mean price target of $22.500 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.170 a share for the near-term quarter and $0.700 for this year.
The technical analysis of Consolidated Communications Hol clearly shows that the moving average of 50-days of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) stock is $26.983, and is trading $-2.878 points away or -10.667% from its 50-day moving average of $26.983. Further it is trading $-0.503 or -2.042% away its 200-day moving average of $24.608.
The 52-week high of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) was $28.780 while $17.760 is the low in the same period. This state Consolidated Communications Hol shares price has to travel more than $-4.675 to register a new high of 52-weeks or drop +35.726% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Consolidated Communications Hol, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) ratio came in at 81.162, which was derived by dividing current price of stock by yearly earnings. Consolidated Communications Hol stock recorded a close of $24.105 in last trading session, reaching a market cap of $1.22B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) PEG ratio is at 18.500.
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