What to know about Consolidated Communications Holdings Inc (CNSL)’s sales and margins

Consolidated Communications Holdings Inc [CNSL] stock prices are up 0.23% to $4.29 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CNSL shares have lost -0.46% over the last week, with a monthly amount glided 0.23%, and seem to be holding up well over a long-time horizon.

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On 5, March 2024, Consolidated Communications Announces Fourth Quarter and Full Year 2023 Financial Results. In a post published today on Yahoo Finance, Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the fourth quarter and full year 2023.

From an analyst’s perspective:

Consolidated Communications Holdings Inc [NASDAQ: CNSL] stock has seen the most recent analyst activity on July 07, 2022, when Citigroup downgraded its rating to a Sell but kept the price target unchanged to $5 for it. Previously, Citigroup upgraded its rating to Neutral on March 08, 2022, and elevated its price target to $5. On March 04, 2022, downgrade downgraded it’s rating to Sell and revised its price target to $4 on the stock. Citigroup upgraded its rating to a Neutral but stick to its price target of $8 on October 29, 2021. Citigroup downgraded its rating to a Sell but $8 remained the price target by the analyst firm on October 19, 2021. Citigroup upgraded its rating to Neutral for this stock on August 02, 2021. In a note dated June 03, 2021, Citigroup downgraded an Sell rating on this stock and boosted its target price from $7.50 to $8.

The stock price of Consolidated Communications Holdings Inc [CNSL] has been fluctuating between $2.75 and $4.65 over the past year. Consolidated Communications Holdings Inc [NASDAQ: CNSL] shares were valued at $4.29 at the most recent close of the market.

Analyzing the CNSL fundamentals

The Consolidated Communications Holdings Inc [NASDAQ:CNSL] reported sales of 1.11B for trailing twelve months, representing a drop of -7.03%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.3 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.78.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.28 points at the first support level, and at 4.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.30, and for the 2nd resistance point, it is at 4.32.

Consolidated Communications Holdings Inc [CNSL] reported earnings per share of -$0.25 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.36/share, meaning a difference of $0.11 and a surprise factor of 30.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.31 per share as compared to estimates of -$0.37 per share, a difference of $0.06 representing a surprise of 16.20%.

Ratios To Look Out For

It’s worth pointing out that Consolidated Communications Holdings Inc [NASDAQ:CNSL]’s Current Ratio is 0.81. In addition, the Quick Ratio stands at 0.81 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 1.25.

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