Lumos Networks Corp (LMOS) Earning Favorable Media Coverage, Analysis Shows
Media headlines about Lumos Networks Corp (NASDAQ:LMOS) have trended positive recently, according to AlphaOne Sentiment Analysis. The research firm, a division of Accern, identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lumos Networks Corp earned a coverage optimism score of 0.26 on AlphaOne’s scale. AlphaOne also gave press coverage about the utilities provider an impact score of 91 out of 100, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
LMOS has been the subject of several research reports. BTIG Research increased their price objective on shares of Lumos Networks Corp from $17.50 to $21.00 and gave the company a “buy” rating in a report on Monday, February 6th. William Blair downgraded shares of Lumos Networks Corp from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 21st. Jefferies Group LLC downgraded shares of Lumos Networks Corp from a “buy” rating to a “hold” rating and set a $18.00 price objective for the company. in a report on Tuesday, February 21st. Zacks Investment Research raised shares of Lumos Networks Corp from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Friday, March 10th. Finally, Drexel Hamilton downgraded shares of Lumos Networks Corp from a “buy” rating to a “hold” rating and set a $18.00 price objective for the company. in a report on Tuesday, February 21st. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $19.25.
Shares of Lumos Networks Corp (NASDAQ:LMOS) remained flat at $17.82 during mid-day trading on Tuesday. 74,877 shares of the stock traded hands. Lumos Networks Corp has a one year low of $10.67 and a one year high of $17.85. The stock’s 50 day moving average price is $17.71 and its 200 day moving average price is $15.75. The company’s market capitalization is $426.34 million.
In other Lumos Networks Corp news, EVP Joseph E. Jr. Mccourt sold 2,000 shares of Lumos Networks Corp stock in a transaction on Wednesday, January 18th. The shares were sold at an average price of $16.38, for a total value of $32,760.00. Following the completion of the transaction, the executive vice president now owns 47,887 shares of the company’s stock, valued at $784,389.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 8.70% of the stock is currently owned by insiders.
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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.
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