New Rating issued on Windstream Holdings (WIN): Resumed by JP Morgan to “Neutral”

Windstream Holdings (WIN) was Resumed by JP Morgan to “Neutral”. JP Morgan advised their Clients and Investors in a research report released on Mar 15, 2017.

Based on several research reports , Windstream Holdings was Resumed by JP Morgan to “Neutral” on Mar 15, 2017. Windstream Holdings was Upgraded by Jefferies to ” Hold” on Mar 2, 2017.

Several company insiders have filed Insider transactions , on Nov 19, 2015, William Acker Montgomery (director) purchased 32,000 shares at $5.73 per share price. According to the SEC, on Aug 17, 2015, Michael G. Stoltz (director) purchased 5,000 shares at $6.71 per share price. On Jul 1, 2015, Alan L Wells (director) purchased 15,000 shares at $6.38 per share price, according to the Form-4 filing with the securities and exchange commission.

On the company’s financial health, Windstream Holdings reported $-0.94 EPS for the quarter, missing the analyst consensus estimate by $ -0.37 based on the information available during the earnings call on Mar 1, 2017. Analyst had a consensus of $-0.57. The company had revenue of $1309.10 million for the quarter, compared to analysts expectations of $1337.55 million. The company’s revenue was down -8.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.41 EPS.

Windstream Holdings closed down -0.04 points or -0.66% at $6.03 with 52,37,104 shares getting traded on Wednesday. Post opening the session at $6.08, the shares hit an intraday low of $5.86 and an intraday high of $6.1 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Windstream Holdings

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