Windstream (NASDAQ:WIN) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a note issued to investors on Monday.

Several other research firms also recently issued reports on WIN. Zacks Investment Research downgraded Windstream from a “buy” rating to a “hold” rating in a research note on Monday. Morgan Stanley lifted their price target on Windstream from $2.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 29th. Deutsche Bank lifted their price target on Windstream from $2.00 to $10.00 and gave the stock a “hold” rating in a research note on Wednesday, May 30th. Citigroup downgraded Windstream from a “neutral” rating to a “sell” rating and set a $2.25 price target for the company. in a research note on Wednesday, July 18th. Finally, Cowen reaffirmed a “buy” rating and set a $8.00 price target on shares of Windstream in a research note on Friday, August 10th. Seven research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Windstream presently has an average rating of “Hold” and a consensus target price of $4.98.

Shares of NASDAQ:WIN traded up $0.10 during midday trading on Monday, hitting $5.03. 630,800 shares of the stock were exchanged, compared to its average volume of 796,072. The company has a market capitalization of $211.68 million, a PE ratio of -0.62 and a beta of -0.06. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of -7.40. Windstream has a twelve month low of $3.03 and a twelve month high of $13.65.

Windstream (NASDAQ:WIN) last released its quarterly earnings results on Thursday, August 9th. The technology company reported ($2.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.66) by $0.36. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. Windstream had a negative return on equity of 191.89% and a negative net margin of 36.51%. The business’s revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($1.85) EPS. equities analysts anticipate that Windstream will post -9.17 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the stock. Acadian Asset Management LLC acquired a new position in Windstream in the 2nd quarter valued at about $173,000. Trexquant Investment LP acquired a new position in Windstream in the 2nd quarter valued at about $252,000. MYDA Advisors LLC acquired a new position in Windstream in the 2nd quarter valued at about $132,000. Gamco Investors INC. ET AL raised its stake in Windstream by 17.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 686,661 shares of the technology company’s stock valued at $968,000 after purchasing an additional 104,000 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in Windstream by 19.2% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 2,029,154 shares of the technology company’s stock valued at $2,862,000 after purchasing an additional 326,356 shares during the last quarter. 60.37% of the stock is owned by hedge funds and other institutional investors.

Windstream Company Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.

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Analyst Recommendations for Windstream (NASDAQ:WIN)

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