Media coverage about Cincinnati Bell (NYSE:CBB) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cincinnati Bell earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 47.7177406931914 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- Hawaiian Telcom HoldCo Inc (NASDAQ:HCOM) Investor Investigation of Takeover by Cincinnati Bell (sbwire.com)
- See what the IHS Markit Score report has to say about Cincinnati Bell Inc. (finance.yahoo.com)
- Cincinnati Bell Inc. (CBB) — Trending Stock (ismboard.com)
- [$$] Can Cincinnati Bell Keep Ringing Up Gains? (finance.yahoo.com)
- Gabelli Analysts Raise Earnings Estimates for Cincinnati Bell Inc (NYSE:CBB) (americanbankingnews.com)
Cincinnati Bell (CBB) opened at 21.30 on Friday. Cincinnati Bell has a 52 week low of $16.05 and a 52 week high of $24.45. The firm has a market cap of $898.33 million, a price-to-earnings ratio of 12.99 and a beta of 1.66. The stock has a 50 day moving average price of $18.95 and a 200 day moving average price of $18.88.
Cincinnati Bell (NYSE:CBB) last issued its quarterly earnings data on Friday, August 4th. The utilities provider reported $0.07 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.07. The company had revenue of $294 million for the quarter, compared to analysts’ expectations of $284.28 million. Cincinnati Bell had a negative return on equity of 3.87% and a net margin of 6.84%. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.04 earnings per share. Equities research analysts expect that Cincinnati Bell will post $0.93 EPS for the current year.
CBB has been the subject of several analyst reports. ValuEngine cut Cincinnati Bell from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $22.00 price target (down previously from $25.00) on shares of Cincinnati Bell in a research note on Wednesday, June 14th. Gabelli lowered Cincinnati Bell from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, BidaskClub raised Cincinnati Bell from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Cincinnati Bell currently has an average rating of “Hold” and a consensus price target of $23.50.
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Cincinnati Bell Company Profile
Cincinnati Bell Inc, along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments: Entertainment and Communications, and IT Services and Hardware. Through its Entertainment and Communications segment, the Company provides high-speed data, video and voice solutions to consumers and businesses over fiber network and a legacy copper network.
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