Home Sectors Communication Services Present Technicals: Cable One (NYSE: CABO)

Present Technicals: Cable One (NYSE: CABO)

SHARE

Cable One is in the communication services industry and communication services sector. 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 -1.34% with an open at 1,184.05 and a close of 1,167.04. It reached an intraday high of 1,184.05 and a low of 1,150.68.

SeekingAlpha:  Tracking Southeastern Asset Management Portfolio – Q1 2019 Update

Liquidity:

The stock has a market cap of $6.7b with 5.7m shares outstanding, of which the float is 5.6m shares. Trading volume reached 52,221 shares compared to its average volume of 67,558 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 1.47% and in the past 30 trading days it returned 12.00%. Over three months, it changed 26.29%. In one year it has changed 70.19% and within that year its 52-week high was 1,192.79 and its 52-week low was 680.01. CABO stock is 71.62% above its 52 Week Low.

Our calculations show a 200 day moving average of 924.75 and a 50 day moving average of 1,072.54. Currently CABO stock is trading 26.20% above its 200 day moving average.

SeekingAlpha:  Tracking Southeastern Asset Management Portfolio – Q1 2019 Update

Earnings:

The last annual fiscal EPS for the company was reported at 28.76 that ended on 31st of December 2018, which according to the previous close, that is a PE of 40.58. Based on 5 analyst estimates, the consensus EPS for the next quarter is 8.10. The TTM EPS is 28.77, which comes to a TTM PE of 40.56.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/09/2019): 6.78
4thQtr of 2018 (Reported on 02/27/2019): 7.34
3rdQtr of 2018 (Reported on 11/07/2018): 6.70
2ndQtr of 2018 (Reported on 08/09/2018): 7.65
1stQtr of 2018 (Reported on 05/09/2018): 7.08

The dividend per share is currently 8.00, which is a dividend yield of 0.69%. 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 1,030.95, which means it may be overvalued by -13.20%.

Indicators to Watch:

Short-interest was 152,028, which was 2.67% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.50. 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 0.42.

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 23.16%, return on assets is 7.02%, profit margin is 15.32%, price-to-sales is 6.29 and price-to-book is 8.77.

Company Scores:

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

SHARE
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.