Headlines about Lumos Networks Corp. (NASDAQ:LMOS) have trended positive recently, Alpha One reports. The research group, a service of Accern, scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lumos Networks Corp. earned a daily sentiment score of 0.26 on Alpha One’s scale. Alpha One also assigned press coverage about the utilities provider an impact score of 91 out of 100, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the immediate future.
Shares of Lumos Networks Corp. (NASDAQ LMOS) traded up 0.06% during midday trading on Friday, hitting $17.85. 330,932 shares of the company traded hands. The stock’s market capitalization is $427.40 million. The company has a 50-day moving average price of $17.87 and a 200-day moving average price of $16.86. Lumos Networks Corp. has a 52 week low of $10.67 and a 52 week high of $17.99.
Lumos Networks Corp. (NASDAQ:LMOS) last posted its earnings results on Monday, May 8th. The utilities provider reported ($0.24) EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.38. Lumos Networks Corp. had a negative net margin of 1.39% and a negative return on equity of 2.29%. The firm had revenue of $54.92 million for the quarter, compared to analysts’ expectations of $53.06 million. Analysts anticipate that Lumos Networks Corp. will post ($0.23) earnings per share for the current fiscal year.
Several equities analysts have recently issued reports on LMOS shares. Zacks Investment Research upgraded shares of Lumos Networks Corp. from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Friday, March 10th. Jefferies Group LLC lowered shares of Lumos Networks Corp. from a “buy” rating to a “hold” rating and set a $18.00 target price for the company. in a report on Tuesday, February 21st. Drexel Hamilton lowered shares of Lumos Networks Corp. from a “buy” rating to a “hold” rating and set a $18.00 target price for the company. in a report on Tuesday, February 21st. Finally, William Blair lowered shares of Lumos Networks Corp. from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $19.25.
ILLEGAL ACTIVITY NOTICE: This piece was published by Transcript Daily and is owned by of Transcript Daily. If you are viewing this piece on another site, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be read at https://transcriptdaily.com/2017/06/17/favorable-news-coverage-extremely-likely-to-affect-lumos-networks-corp-lmos-share-price.html.
About Lumos Networks Corp.
Lumos Networks Corp. is a fiber-based bandwidth infrastructure and service provider in the Mid-Atlantic region with a network of long-haul fiber, metro Ethernet and Ethernet rings located primarily in Virginia and West Virginia, and portions of Maryland, Pennsylvania, Ohio and Kentucky. The Company serves carrier, business and residential customers over its fiber network offering data, voice and Internet protocol (IP) services.
Receive News & Ratings for Lumos Networks Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lumos Networks Corp. and related companies with MarketBeat.com's FREE daily email newsletter.