Based on ratings from 2 stock analysts, the Consolidated Communications Holdings Inc stock price is expected to decrease by 7.45% in 12 months. This is calculated by using the average 12-month stock price forecast for Consolidated Communications Holdings Inc. The lowest target is $4 and the highest is $4.7. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assignedCNSL 0 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Consolidated Communications Holdings Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNSL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CNSL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Rollins Citigroup | Sell | $2.5 | Maintains | Mar 2, 2023 |
Michael Rollins Citigroup | Sell | $4 | Maintains | Oct 27, 2022 |
Jennifer Fritzsche Wells Fargo | Equal-Weight | $7 | Maintains | Aug 4, 2022 |
Citigroup | Sell | Downgrade | Jul 7, 2022 | |
Michael Rollins Citigroup | Neutral | $5 | Upgrade | Mar 8, 2022 |
Jennifer Fritzsche Wells Fargo | Equal-Weight | $6 | Downgrade | Mar 4, 2022 |
Michael Rollins Citigroup | Sell | $4 | Downgrade | Mar 4, 2022 |
Citigroup | Neutral | Upgrade | Oct 29, 2021 | |
Citigroup | Sell | Downgrade | Oct 19, 2021 | |
Citigroup | Neutral | Upgrade | Aug 2, 2021 | |
Michael Rollins Citigroup | Sell | $8 | Downgrade | Jun 3, 2021 |
Wells Fargo | Overweight | $7 | Maintains | Oct 15, 2020 |
Guggenheim | Sell | Downgrade | Apr 26, 2019 | |
Wells Fargo | Outperform | $8 | Upgrade | Apr 26, 2019 |
Raymond James | Outperform | Downgrade | Feb 19, 2019 | |
Wells Fargo | Market Perform | $11.25 | Downgrade | Jan 8, 2019 |
Guggenheim | Neutral | Initiates | Mar 13, 2018 | |
Drexel Hamilton | Buy | Upgrade | Jan 2, 2018 | |
Scott Goldman Jefferies | Hold | $19 | Maintains | Nov 3, 2017 |
Citigroup | Neutral | Upgrade | Jun 7, 2017 |
When did it IPO
2005
Staff Count
3,180
Country
United States
Sector/Industry
Communication Services/Telecom Services
CEO
Mr. C. Robert Udell Jr.
Market Cap
$556.8M
In 2023, CNSL generated $1.11B in revenue, which was a decrease of -6.81% from the previous year. This can be seen as a signal that CNSL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Consolidated Communications Holdings reported Q3 2024 revenue of $271.1 million, with consumer broadband revenue at $82.4 million and 5,134 net adds in consumer broadband.
Why It Matters - Consolidated Communicationsโ Q3 2024 results show strong revenue growth and positive net adds in consumer broadband, indicating potential for future profitability and market expansion.
Summary - Consolidated Communications (Nasdaq: CNSL) will announce its Q3 2024 financial results on Nov. 5 before market opening, amid a pending acquisition by Searchlight Capital and BC Investment Management.
Why It Matters - Consolidated Communications' upcoming earnings report precedes its acquisition, signaling potential changes in financial stability and future growth prospects, impacting investor sentiment and stock valuation.
Summary - Consolidated Communications (NASDAQ: CNSL) awarded $50,000 in educational grants to 12 schools, impacting over 1,800 students in 2024, through its Consolidated Connects program.
Why It Matters - Consolidated Communications' $50,000 grant boosts its community presence and brand image, potentially attracting more customers and enhancing long-term revenue growth.
Summary - Consolidated Communications reported Q2 2024 revenue of $268.7 million, with consumer revenue at $112.7 million and commercial data services at $54.6 million. Broadband net adds were 3,670.
Why It Matters - Consolidated Communications' Q2 2024 results show strong revenue growth and increased consumer broadband net adds, indicating potential for future profitability and market expansion.
Summary - Tris Pharma announced clinical data showing the safety and efficacy of Cebranopadol, a first-in-class therapy for pain treatment.
Why It Matters - Positive clinical data for Cebranopadol could indicate a breakthrough in pain management, potentially boosting Tris Pharma's stock value and attracting investor interest in innovative therapies.
Summary - Consolidated Communications (Nasdaq: CNSL) will release Q2 2024 financial results on Aug. 6 before market open, amid its pending acquisition by Searchlight Capital and British Columbia Investment Management.
Why It Matters - The upcoming earnings release and the pending acquisition highlight potential changes in Consolidated Communications' financial health and strategy, impacting stock valuation and investor sentiment.