News articles about Cincinnati Bell (NYSE:CBB) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cincinnati Bell earned a news impact score of 0.20 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.7778170733837 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have impacted Accern Sentiment’s analysis:

Shares of Cincinnati Bell (CBB) opened at 21.40 on Friday. Cincinnati Bell has a 1-year low of $16.05 and a 1-year high of $24.45. The stock has a market cap of $902.55 million, a price-to-earnings ratio of 13.05 and a beta of 1.51. The firm has a 50-day moving average of $20.35 and a 200 day moving average of $18.83.

Cincinnati Bell (NYSE:CBB) last issued its earnings results on Friday, August 4th. The utilities provider reported $0.07 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $294.00 million for the quarter, compared to the consensus estimate of $284.28 million. Cincinnati Bell had a net margin of 6.84% and a negative return on equity of 3.87%. The business’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.04 earnings per share. Equities research analysts forecast that Cincinnati Bell will post $1.36 earnings per share for the current year.

Several equities analysts recently weighed in on the stock. Gabelli cut shares of Cincinnati Bell from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. ValuEngine upgraded shares of Cincinnati Bell from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub upgraded shares of Cincinnati Bell from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $22.00 price objective (down previously from $25.00) on shares of Cincinnati Bell in a research note on Wednesday, June 14th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Cincinnati Bell presently has a consensus rating of “Hold” and a consensus price target of $23.50.

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Cincinnati Bell Company Profile

Cincinnati Bell Inc, along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments: Entertainment and Communications, and IT Services and Hardware. Through its Entertainment and Communications segment, the Company provides high-speed data, video and voice solutions to consumers and businesses over fiber network and a legacy copper network.

Insider Buying and Selling by Quarter for Cincinnati Bell (NYSE:CBB)

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