Consolidated Communications Holdings Inc is a NASDAQ listed security that has been trading in a range between $15.45 and $23.71 over the past year. With 26,130,620 shares outstanding, a recent price of $20.33 gives a total market capitalization of $531,496,815. While there are certainly larger companies, Consolidated Communications Holdings Inc has definitely earned its place in the pack. Last year, Consolidated Communications Holdings Inc created $0.51 in earnings for every share outstanding.
Consolidated Communications Holdings Inc is currently priced by the market at 41.10 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Consolidated Communications Holdings Inc could be an interesting value proposition. Consistent earnings are the key to high valuations and this security is well on its way.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment