CABO Stock Recent News
CABO LATEST HEADLINES
The mean of analysts' price targets for Cable One (CABO) points to a 38.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
PHOENIX--(BUSINESS WIRE)--Cable One, Inc. (NYSE: CABO) will host a conference call with the financial community to discuss results for the first quarter on Thursday, May 4, 2023, at 5 p.m. Eastern Time (ET). Cable One will issue a press release reporting its results after market close on Thursday, May 4, 2023. The conference call will be available via a live audio webcast on the Cable One Investor Relations website at ir.cableone.
The mean of analysts' price targets for Cable One (CABO) points to a 37.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
CABO recently posted disappointing quarterly and annual results. The stock looks overvalued compared to industry standards.
Cable One (CABO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Cable One (CABO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Cable One, Inc. (NYSE:CABO ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Jordan Morkert - Investor Relations Julie Laulis - Chairman, President and Chief Executive Officer Todd Koetje - Chief Financial Officer Conference Call Participants Gregory Williams - Cowen and Company, LLC Frank Louthan - Raymond James & Associates, Inc. Craig Moffett - MoffettNathanson SVB Securities Brandon Nispel - KeyBanc Capital Markets Inc. Steven Cahall - Wells Fargo Securities, LLC Operator Good afternoon. Thank you for attending today's Cable One Fourth Quarter and Full-Year 2022 Results Call.
Cable One (CABO) delivered earnings and revenue surprises of -28.82% and 0.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
PHOENIX--(BUSINESS WIRE)--Cable One, Inc. (NYSE: CABO) will host a conference call with the financial community to discuss results for the fourth quarter and full year 2022 on Thursday, February 23, 2023, at 5 p.m. Eastern Time (ET). Cable One will issue a press release reporting its results after market close on Thursday, February 23, 2023. The conference call will be available via a live audio webcast on the Cable One Investor Relations website at ir.cableone.
As a result of high debt and adverse economic conditions, the stock price has dropped significantly. Recently, the company has shifted its focus from residential video service to residential data and business services which have nine and eleven times greater EBITDA, respectively, than its previous segment.