Cable One (NYSE:CABO) Price Target Lowered to $111.00 at TD Cowen

Cable One (NYSE:CABO) had its target price cut by TD Cowen from $142.00 to $111.00 in a research note published on Friday,Benzinga reports. They currently have a hold rating on the stock.

A number of other equities analysts have also recently issued reports on CABO. Weiss Ratings restated a “sell (d-)” rating on shares of Cable One in a research report on Monday, April 20th. Zacks Research cut shares of Cable One from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. BNP Paribas Exane cut shares of Cable One from a “neutral” rating to an “underperform” rating and set a $80.00 target price for the company. in a research report on Tuesday, February 24th. Finally, Wells Fargo & Company cut their target price on shares of Cable One from $90.00 to $70.00 and set an “underweight” rating for the company in a research report on Friday. Three equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $101.50.

Cable One Price Performance

CABO stock traded down $16.60 during trading on Friday, reaching $74.89. 364,209 shares of the company were exchanged, compared to its average volume of 120,892. The company has a market cap of $424.77 million, a P/E ratio of -1.17 and a beta of 0.69. Cable One has a 52-week low of $70.37 and a 52-week high of $196.64. The stock’s 50 day moving average price is $100.54 and its 200 day moving average price is $111.62. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.40 and a current ratio of 0.40.

Cable One (NYSE:CABO) last released its quarterly earnings data on Thursday, April 30th. The company reported $6.12 EPS for the quarter, missing analysts’ consensus estimates of $7.77 by ($1.65). The company had revenue of $352.96 million for the quarter, compared to analysts’ expectations of $359.59 million. Cable One had a positive return on equity of 5.44% and a negative net margin of 21.94%. As a group, analysts predict that Cable One will post 33.39 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Cable One

A number of institutional investors have recently modified their holdings of the company. Baupost Group LLC MA acquired a new position in shares of Cable One in the third quarter valued at approximately $12,068,000. Private Management Group Inc. raised its position in shares of Cable One by 1.4% in the fourth quarter. Private Management Group Inc. now owns 320,620 shares of the company’s stock valued at $36,182,000 after buying an additional 4,375 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Cable One by 20.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 147,470 shares of the company’s stock valued at $16,642,000 after buying an additional 25,191 shares during the last quarter. Marshall Wace LLP raised its position in shares of Cable One by 4.3% in the third quarter. Marshall Wace LLP now owns 146,318 shares of the company’s stock valued at $25,906,000 after buying an additional 6,000 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Cable One by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 116,806 shares of the company’s stock valued at $13,184,000 after buying an additional 864 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

More Cable One News

Here are the key news stories impacting Cable One this week:

• Positive Sentiment: Cable One expects multi‑gig capability in most markets by year‑end and is targeting a $2–$5 back‑book price reset — a constructive tactic to rebuild ARPU if execution and churn trends stabilize. Multi‑gig rollout and price reset
• Neutral Sentiment: Earnings and call transcripts are available for investor review — useful to parse management commentary on churn, capex, and margin remediation. Q1 earnings transcript (Yahoo) Earnings call transcript (Seeking Alpha)
• Neutral Sentiment: Zacks and other writeups summarize the miss and key metrics vs. estimates — helpful for investors modeling near‑term earnings and margin recovery scenarios. Zacks: Key metrics
• Negative Sentiment: CABO reported Q1 EPS of $6.12 vs. consensus $7.77 and revenue $352.96M vs. $359.59M, with a negative net margin — a clear near‑term earnings and profitability setback. Press release / earnings
• Negative Sentiment: Analysts reacted: Wells Fargo cut its price target to $70 and set an “underweight” rating, and TD Cowen lowered its target to $111 and kept a “hold” — both moves increase sell‑side pressure. Analyst target changes (Benzinga)
• Negative Sentiment: Third‑party coverage highlights subscriber losses and margin pressure prompting a strategic overhaul — these operational challenges explain investor concerns about near‑term growth and profitability. Deep dive on subscriber losses (MSN)
• Negative Sentiment: Market/ETF positioning (Russell 1000 reweighting) and coverage noting the revenue miss have contributed to additional selling pressure. Russell 1000 ETF impact

Cable One Company Profile

Cable One, Inc (NYSE:CABO) is an American provider of broadband communications services, offering a suite of residential and business solutions over a hybrid fiber-coaxial network. The company delivers high-speed internet access, digital video, voice communications and mobile services, alongside advanced managed Wi-Fi and cybersecurity tools. Cable One’s infrastructure supports both traditional cable offerings and converged IP-based platforms designed to meet evolving customer needs.

In addition to consumer-focused services, Cable One caters to small and medium-sized enterprises with dedicated business-class connectivity, Ethernet solutions and cloud-based voice applications.