Shenandoah Telecommunications (SHEN) Projected to Post Earnings on Wednesday

Shenandoah Telecommunications (NASDAQ:SHEN) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $89.65 million for the quarter.

Shenandoah Telecommunications Stock Up 0.3 %

SHEN stock opened at $11.87 on Wednesday. The business has a 50 day moving average of $12.28 and a 200 day moving average of $13.86. The firm has a market cap of $648.10 million, a PE ratio of 3.05 and a beta of 0.61. Shenandoah Telecommunications has a twelve month low of $10.42 and a twelve month high of $22.27. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.36.

Analyst Upgrades and Downgrades

Separately, BWS Financial reaffirmed a “buy” rating and issued a $26.00 price target on shares of Shenandoah Telecommunications in a research report on Wednesday, November 13th.

About Shenandoah Telecommunications

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name.