WideOpenWest (WOW) Stock Price, News & Analysis

Company Overview

WideOpenWest, Inc. provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs. Its telephony services consist of local and long-distance telephone services; business telephony and data services include fiber based, office-to-office metro Ethernet, session-initiated protocol trunking, colocation infrastructure, cloud computing, managed backup, and recovery services. The company was formerly known as WideOpenWest Kite, Inc. and changed its name to WideOpenWest, Inc. in March 2017. WideOpenWest, Inc. was founded in 2001 and is based in Englewood, Colorado.

Key Stats

• Today's Range: $5.11 to $5.45
• 50-Day Range: $4.83 to $5.68
• 52-Week Range: $2.31 to $5.80
• Volume: 308,192 shs
• Average Volume: 391,692 shs
• Market Capitalization: $452.73 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.50
• Consensus Rating: Hold

WideOpenWest Stock Analysis - MarketRank™

WideOpenWest scored higher than 61% of companies evaluated by MarketBeat, and ranked 163rd out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

WideOpenWest has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

WideOpenWest has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for WideOpenWest are expected to grow in the coming year, from ($0.61) to ($0.59) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of WideOpenWest is -4.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of WideOpenWest is -4.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

WideOpenWest has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.67% of the float of WideOpenWest has been sold short.

Short Interest Ratio / Days to Cover

WideOpenWest has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WideOpenWest has recently decreased by 11.17%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

WideOpenWest does not currently pay a dividend.

Dividend Growth

WideOpenWest does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.67% of the float of WideOpenWest has been sold short.

Short Interest Ratio / Days to Cover

WideOpenWest has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WideOpenWest has recently decreased by 11.17%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, WideOpenWest insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $102,400.00 in company stock.

Percentage Held by Insiders

Only 4.00% of the stock of WideOpenWest is held by insiders.

Percentage Held by Institutions

87.77% of the stock of WideOpenWest is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WOW Stock Analysis - Frequently Asked Questions

How have WOW shares performed this year?

WideOpenWest's stock was trading at $4.05 on January 1st, 2024. Since then, WOW stock has increased by 31.9% and is now trading at $5.34.
View the best growth stocks for 2024 here.

How were WideOpenWest's earnings last quarter?

WideOpenWest, Inc. (NYSE:WOW) announced its quarterly earnings data on Monday, November, 4th. The company reported ($0.27) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.17. The firm's quarterly revenue was down 8.7% compared to the same quarter last year.

When did WideOpenWest IPO?

WideOpenWest (WOW) raised $401 million in an initial public offering (IPO) on Thursday, May 25th 2017. The company issued 19,100,000 shares at a price of $20.00-$22.00 per share. UBS Investment Bank, Credit Suisse, RBC Capital Markets, SunTrust Robinson Humphrey, Evercore ISI and Macquarie Capital served as the underwriters for the IPO and LionTree and Raymond James were co-managers.

Who are WideOpenWest's major shareholders?

Top institutional investors of WideOpenWest include LB Partners LLC (7.86%), Geode Capital Management LLC (1.31%), State Street Corp (1.24%) and Charles Schwab Investment Management Inc. (0.99%). Insiders that own company stock include Teresa L Elder, Donald Craig Martin, Don Schena, David Brunick and Henry Hryckiewicz.
View institutional ownership trends.

How do I buy shares of WideOpenWest?

Shares of WOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of WideOpenWest own?

Based on aggregate information from My MarketBeat watchlists, some other companies that WideOpenWest investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Cable & other pay television services
• Sub-Industry: Communication
• Current Symbol: NYSE:WOW
• CUSIP: N/A
• CIK: 1701051
• Web: www.wowway.com
• Phone: (720) 479-3500
• Fax: N/A
• Employees: 1,360
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.50
• High Stock Price Target: $7.50
• Low Stock Price Target: $7.50
• Potential Upside/Downside: +40.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-287,700,000.00
• Net Margins: -14.17%
• Pretax Margin: -17.54%
• Return on Equity: -22.83%
• Return on Assets: -3.60%

Debt

• Debt-to-Equity Ratio: 4.41
• Current Ratio: 0.58
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $686.70 million
• Price / Sales: 0.66
• Cash Flow: $1.87 per share
• Price / Cash Flow: 2.87
• Book Value: $2.56 per share
• Price / Book: 2.09

Miscellaneous

• Outstanding Shares: 84,780,000
• Free Float: 81,384,000
• Market Cap: $454.00 million
• Optionable: Optionable
• Beta: 1.49