Share

Windstream will merge with EarthLink

EarthLink Holdings Corp. has a 52-week low of $4.97 and a 52-week high of $9.86. Beta value of the stock stands at 1.04. Its weekly performance is 10.52% while year to date (YTD) performance is 251.07%. The Short Ratio for the stock is 4.43.

Advertisement

Under the deal, EarthLink shareholders will receive 0.818 shares of Windstream common stock for each EarthLink share owned, representing a 13% premium to the average exchange ratio of 0.721x over the month ended November 3, 2016, the most recent unaffected trading day. During the same period past year, the business earned ($0.08) EPS. The TTM operating margin is 3.7 percent.

EarthLink was founded in Pasadena, Calif., and rose to the top ranks of dial-up providers behind AOL when it acquired Atlanta-based MindSpring in 2000 in a $3 billion deal.

The consensus mean EPS for the current quarter is at $-0.01 derived from a total of 5 estimates. Its share price has dropped -19.29% in three months and is down -7.90% for the last five trades. The third quarter included a non-recurring special item of $38 million, which reduced diluted earnings per limited partner unit by $0.12.

Investors should note that on Oct 26, 2016, EarthLink Holdings Corp. announced a cash dividend of $0.0500.

Inc. (NASDAQ:STMP) shares Jumped 6.64% and ended the day at $94.95. (NASDAQ:ELNK) is at 41.89. State Board of Administration of Florida Retirement System boosted its position in Windstream Holdings by 5.6% in the second quarter.

In case of Revenue Estimates, 9 analysts have provided their consensus Average Revenue Estimates for Windstream Holdings, Inc.as 1.35 Billion. A Principal Accounting Officer in the company, Thurston R Michael, on Friday May 27, 2016 collected $99,170 from the sale of 15,234 shares at a per-share price of $6.33.

Services for enterprises, small businesses, and carriers now provide almost 80 percent of EarthLink’s revenue, with residential customers providing the rest. The Next Day Volume after Earnings was reported as 2.34 Million. 1 have given the stock a Hold rating, 0 as Underperform and 0 as Sell. Thus Surprise Factor was there with 187.5 percent. The last trading range of the stock ranges between $7.05 and $7.53.

Advertisement

EarthLink Holdings Corp. went down -7.72% during trading on 11/07/2016, reaching at $5.74. The rating score is on a scale of 1-5 where 1 stands for strong buy and 5 stands for strong sell. Zacks Investment Research upgraded Windstream Holdings from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Tuesday, July 12th. According to analysts minimum EPS for the current quarter is expected at $-0.05 and can go high up to $0.01.

IMPORTANT NOTICE TO SHAREHOLDERS: Brower Piven Notifies Shareholders of Securities Class Action Lawsuit