Headlines about Windstream Holdings (NYSE:WIN) have been trending somewhat positive on Sunday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Windstream Holdings earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.2473905386024 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

A number of analysts recently issued reports on the stock. Deutsche Bank AG dropped their target price on shares of Windstream Holdings from $7.00 to $3.00 and set a “hold” rating for the company in a research report on Tuesday, August 8th. Bank of America Corporation downgraded shares of Windstream Holdings from a “buy” rating to an “underperform” rating and dropped their target price for the stock from $8.00 to $3.00 in a research report on Friday, August 4th. Zacks Investment Research raised shares of Windstream Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Jefferies Group LLC reissued a “hold” rating and set a $2.50 target price (down previously from $5.00) on shares of Windstream Holdings in a research report on Wednesday. Finally, Citigroup Inc. dropped their target price on shares of Windstream Holdings from $5.25 to $4.00 and set a “neutral” rating for the company in a research report on Thursday, July 13th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $5.30.

Windstream Holdings (WIN) traded down 3.79% during trading on Friday, reaching $2.03. The company’s stock had a trading volume of 4,561,763 shares. The firm’s market capitalization is $387.38 million. Windstream Holdings has a 52-week low of $2.00 and a 52-week high of $10.45. The stock’s 50-day moving average is $3.53 and its 200 day moving average is $5.26.

Windstream Holdings (NYSE:WIN) last issued its quarterly earnings results on Thursday, August 3rd. The company reported ($0.37) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.45) by $0.08. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.50 billion. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.01 earnings per share. On average, analysts predict that Windstream Holdings will post ($2.03) EPS for the current fiscal year.

Windstream Holdings announced that its Board of Directors has authorized a stock buyback program on Thursday, August 3rd that permits the company to buyback $90.00 million in outstanding shares. This buyback authorization permits the company to buy up to 19.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

In other news, Director Alan L. Wells acquired 68,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were bought at an average price of $2.10 per share, with a total value of $142,800.00. Following the acquisition, the director now owns 157,971 shares of the company’s stock, valued at $331,739.10. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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About Windstream Holdings

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its ILEC Consumer and Small Business segment offers consumer services, including high-speed Internet access; Internet security services; online backup services; basic local telephone services and long-distance services, as well as call waiting, caller identification, call forwarding, and other services; and video services, as well as owns and operates cable television franchises, and sells and leases equipment to support its consumer high-speed Internet and voice services.

Insider Buying and Selling by Quarter for Windstream Holdings (NYSE:WIN)

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