Home Sectors Communication Services Up or Down: Cable One (NYSE: CABO)

Up or Down: Cable One (NYSE: CABO)

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Cable One is part of the communication services sector and trades as part of the communication services industry. The company CEO is Julia M. Laulis. Cable One Inc mainly provides broadband, voice, and video services. It derives revenue from the provision of broadband, voice, and video services to residential and business customers.

Previous Intraday Trading Performance:

The CABO stock showed a previous change of 0.60% with an open at 920.00 and a close of 925.71. It reached an intraday high of 933.61 and a low of 913.66.

SeekingAlpha:  Cable One (CABO) Presents At Raymond James Institutional Investors Conference – Slideshow

Liquidity:

The stock has a market cap of $5.3b with 5.7m shares outstanding, of which the float is 5.6m shares. Trading volume reached 55,932 shares compared to its average volume of 41,468 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Cable One shares returned -2.14% and in the past 30 trading days it returned 6.91%. Over three months, it changed 6.57%. In one year it has changed 28.62% and within that year its 52-week high was 970.00 and its 52-week low was 597.40. CABO stock is 54.96% above its 52 Week Low.

Our calculations show a 200 day moving average of 820.76 and a 50 day moving average of 887.36. Currently CABO stock is trading 12.79% above its 200 day moving average.

SeekingAlpha:  Cable One (CABO) Presents At Raymond James Institutional Investors Conference – Slideshow

Earnings:

The last annual fiscal EPS for the company was reported at 28.77 that ended on 31st of December 2018, which according to the previous close, that is a PE of 32.19. Based on 5 analyst estimates, the consensus EPS for the next quarter is 8.04. The TTM EPS is 28.77, which comes to a TTM PE of 32.18.

The following are the last four quarter reported earnings per share:
12-31-2018:  7.34
09-30-2018:  6.70
06-30-2018:  7.65
03-31-2018:  7.08

The dividend per share is currently 8.00, which is a dividend yield of 0.86%. Also, the payout ratio is 27.81%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 902.27, which means it may be overvalued by -2.60%

Indicators to Watch:

Based on the latest filings, there is 1.10% of insider ownership and 109.30% of institutional ownership. Short-interest is 174,548, which is 3.06% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.36. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.48

SeekingAlpha:  BancorpSouth Inc (BXS) CEO Dan Rollins on Q4 2018 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 22.70%, return on assets is 7.31%, profit margin is 15.59%, price-to-sales is 4.97 and price-to-book is 6.77.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 2  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 2  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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