Analysts predict that Cable One Inc (NYSE:CABO) will announce earnings per share of $7.76 for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Cable One’s earnings, with the highest EPS estimate coming in at $8.46 and the lowest estimate coming in at $7.25. Cable One reported earnings per share of $7.65 in the same quarter last year, which suggests a positive year over year growth rate of 1.4%. The company is scheduled to issue its next quarterly earnings results after the market closes on Wednesday, August 7th.

According to Zacks, analysts expect that Cable One will report full year earnings of $31.42 per share for the current financial year, with EPS estimates ranging from $28.90 to $33.71. For the next fiscal year, analysts forecast that the business will report earnings of $37.31 per share, with EPS estimates ranging from $32.77 to $41.19. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Cable One.

Cable One (NYSE:CABO) last announced its quarterly earnings results on Thursday, May 9th. The company reported $6.78 earnings per share for the quarter, missing the consensus estimate of $8.10 by ($1.32). Cable One had a return on equity of 22.57% and a net margin of 15.01%. The business had revenue of $278.61 million during the quarter, compared to the consensus estimate of $279.23 million. During the same quarter in the prior year, the firm posted $7.08 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis.

Several equities research analysts recently weighed in on the stock. SunTrust Banks set a $37.00 price target on shares of Yelp and gave the stock a “hold” rating in a research report on Friday, May 10th. KeyCorp restated an “overweight” rating and issued a $1,316.00 price target (up previously from $1,210.00) on shares of Cable One in a research report on Thursday, June 27th. Stephens assumed coverage on shares of Cable One in a research report on Wednesday, June 26th. They issued an “equal weight” rating and a $1,200.00 price target on the stock. Wolfe Research upgraded shares of Cable One from an “underperform” rating to a “peer perform” rating in a research report on Tuesday. Finally, Zacks Investment Research cut shares of Hess Midstream Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, May 14th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $1,191.00.

CABO traded down $0.81 during trading hours on Friday, hitting $1,218.22. The company’s stock had a trading volume of 38,178 shares, compared to its average volume of 48,670. The firm has a 50-day moving average of $1,186.23. Cable One has a 12 month low of $710.19 and a 12 month high of $1,243.86. The firm has a market cap of $6.94 billion, a PE ratio of 42.34 and a beta of 0.43. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 1.80.

In other Cable One news, SVP Charles B. Mcdonald sold 1,703 shares of the business’s stock in a transaction on Wednesday, June 19th. The shares were sold at an average price of $1,160.59, for a total transaction of $1,976,484.77. Following the transaction, the senior vice president now owns 2,128 shares in the company, valued at $2,469,735.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Eric Michael Lardy sold 400 shares of the business’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $1,145.00, for a total transaction of $458,000.00. Following the transaction, the senior vice president now owns 1,178 shares in the company, valued at approximately $1,348,810. The disclosure for this sale can be found here. Insiders have sold 2,843 shares of company stock worth $3,281,398 in the last quarter. Company insiders own 1.10% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Hanseatic Management Services Inc. boosted its stake in shares of Cable One by 6.3% during the second quarter. Hanseatic Management Services Inc. now owns 169 shares of the company’s stock valued at $198,000 after purchasing an additional 10 shares during the period. California State Teachers Retirement System boosted its stake in shares of Cable One by 0.3% during the first quarter. California State Teachers Retirement System now owns 6,750 shares of the company’s stock valued at $6,624,000 after purchasing an additional 18 shares during the period. OLD National Bancorp IN boosted its stake in shares of Cable One by 5.9% during the second quarter. OLD National Bancorp IN now owns 358 shares of the company’s stock valued at $419,000 after purchasing an additional 20 shares during the period. Raymond James & Associates boosted its stake in shares of Cable One by 5.2% during the fourth quarter. Raymond James & Associates now owns 504 shares of the company’s stock valued at $413,000 after purchasing an additional 25 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its stake in shares of Cable One by 1.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 2,002 shares of the company’s stock valued at $2,344,000 after purchasing an additional 28 shares during the period. Institutional investors and hedge funds own 77.38% of the company’s stock.

About Cable One

Cable One, Inc owns and operates cable systems that provide data, video, and voice services. The company offers residential data services, including WiFi ONE, a Wi-Fi solution to enhance Wi-Fi signal throughout the home. It also provides residential video services, such as local networks; local community programming that includes governmental and public access; and other channels, which comprise weather, shopping, and religious channels, as well as digital video services, including national and regional cable networks, music channels, and an interactive electronic programming guide with parental controls.

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