Stock To Watch: Consolidated Communications Holdings, Inc. (NASDAQ:CNSL)


The leading market experts have placed a mean price target of $22.50 on Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.17 a share for the upcoming quarter and $0.70 for the current fiscal.

Technical View

The technical analysis of Consolidated Communications Hol plainly substantiates that the 50-day moving average of Consolidated Communications Hol is $26.42, and stock is trading $-2.35 points away or -8.88% from its 50-day moving average of $26.42. Further it is trading $-0.71 or -2.88% away its 200-day moving average of $24.78. Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) 52-week high is $28.78 and the 52-week low is $17.76.

This explains if the stock moves $-4.71, it will post a 52-week high. In event of +35.53% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Consolidated Communications Hol, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) ratio came in at 81.04.

The stock last ended the trading session at $24.07 and registered a market cap of $1.22B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) PEG ratio is at 17.45.

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