Time To “Sector Weight” Cable ONE (CABO), KeyBanc Confirms

May 17, 2018 - By Bradley Stiles

Cable One, Inc. (NYSE:CABO) Logo

How KeyBanc Currently Rates Cable ONE (CABO)

KeyBanc has begun coverage on Cable ONE (CABO) shares recently in a report revealed to investors and clients on Thursday, 17 May. The broker has decided to place a “Sector Weight” rating on CABO stock.

The stock decreased 4.11% or $28.29 during the last trading session, reaching $660.75. About 52,038 shares traded or 22.59% up from the average. Cable One, Inc. (CABO) has risen 7.73% since May 17, 2017 and is uptrending. It has underperformed by 3.82% the S&P500.

Analysts await Cable One, Inc. (NYSE:CABO) to report earnings on August, 14. They expect $8.12 EPS, up 63.38 % or $3.15 from last year’s $4.97 per share. CABO’s profit will be $46.50 million for 20.34 P/E if the $8.12 EPS becomes a reality. After $7.08 actual EPS reported by Cable One, Inc. for the previous quarter, Wall Street now forecasts 14.69 % EPS growth.

Cable One, Inc. owns and operates cable systems that provide data, video, and voice services to residential and commercial clients in the United States. The company has market cap of $3.78 billion. The firm offers video services comprising basic video services that consist of local networks, local community programming, and other channels; and digital video services covering national and regional cable networks, premium channels, music channels, and an interactive electronic programming guide with parental controls. It has a 15.66 P/E ratio. It also provides data services, as well as operates home.cableone.net, an Internet portal, which provides multiple e-mail addresses.

More news for Cable One, Inc. (NYSE:CABO) were recently published by: Benzinga.com, which released: “No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks” on May 17, 2018. Businesswire.com‘s article titled: “Cable ONE Declares Quarterly Dividend” and published on May 04, 2018 is yet another important article.

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