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Windstream Holdings Slides to 52-Week Low in July 2017

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WIN stock fell 6.3% last week

Windstream Holdings (WIN) stock fell 6.3% in the week ended July 7, 2017, to close at $3.71. The company is now trading 1.1% above its 52-week low of $3.67 and 65.0% below its 52-week high of $10.45. Windstream stock has fallen almost 60% in the trailing-12-month period, and it has fallen 17% in the trailing-one-month period.

The stock prices of WIN’s peers Verizon (VZ), Frontier Communications (FTR), and CenturyLink (CTL) have declined 21.5%, 78.4%, and 20.0%, respectively, in the trailing-12-month period.

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A difficult 2017 for Windstream

Windstream Holdings (WIN) stock has fallen ~50% since the start of 2017. WIN stock fell 27% in March 2017 after the company announced its 4Q16 results, which fell short of analyst estimates. Windstream’s product revenues fell 48% YoY (year-over-year) while its service revenues fell 7% YoY in 4Q16.

WIN stock fell 23% in May 2017 after the company announced its 1Q17 results. Windstream’s operating income fell 71% YoY in 1Q17 to $46.0 million from $158.0 million in 1Q16.

Eleven analysts covering Windstream gave it a 12-month median target estimate of $5.13. This estimate indicates that Windstream is trading at a discount of 38.3% to median analyst estimates.

Analysts expect Windstream Holdings’ (WIN) revenues to rise 10.4% in 2Q17 to $1.5 billion. These analysts expect the company’s revenues to rise 9.7% in fiscal 2017 to ~$5.9 billion. Windstream has reported EPS (earnings per share) below analyst estimates for three consecutive quarters.

In 1Q17, analysts expected Windstream to post EPS of -$0.28, and the company reported EPS of -$0.89. In 4Q16, analysts expected EPS of -$0.63 compared to the company’s reported EPS of -$0.83. In 3Q16, analysts expected EPS of -$0.47 compared to the company’s reported EPS of -$0.72.

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