WideOpenWest Inc (NYSE: WOW) is -9.48% lower on its value in year-to-date trading and has touched a low of $2.31 and a high of $5.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WOW stock was last observed hovering at around $4.52 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $4.49, the stock is -3.84% and -10.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing -0.66% at the moment leaves the stock -9.44% off its SMA200. WOW registered 37.31% gain for a year compared to 6-month loss of -16.07%. The firm has a 50-day simple moving average (SMA 50) of $5.0144 and a 200-day simple moving average (SMA200) of $4.95785.
The stock witnessed a -8.92% gain in the last 1 month and extending the period to 3 months gives it a -9.84%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.45% over the week and 3.01% over the month.
WideOpenWest Inc (WOW) has around 1360 employees, a market worth around $380.64M and $647.10M in sales. Profit margin for the company is -14.17%. Distance from 52-week low is 94.37% and -22.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.71%).
with sales reaching $154.05M over the same period.The EPS is expected to grow by 79.71% this year, but quarterly earnings will post -7.89% year-over-year. Quarterly sales are estimated to shrink -8.74% in year-over-year returns.
WideOpenWest Inc (WOW) Top Institutional Holders
155.0 institutions hold shares in WideOpenWest Inc (WOW), with institutional investors hold 82.11% of the company’s shares. The shares outstanding are 84.76M, and float is at 50.11M with Short Float at 3.58%. Institutions hold 78.99% of the Float.
The top institutional shareholder in the company is CRESTVIEW PARTNERS III GP, L.P. with over 31.62 million shares valued at $171.08 million. The investor’s holdings represent 38.8748% of the WOW Shares outstanding. As of 2024-06-30, the second largest holder is LB PARTNERS LLC with 6.59 million shares valued at $35.64 million to account for 8.0975 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.73 million shares representing 4.585% and valued at over $20.18 million, while ALBERTA INVESTMENT MANAGEMENT CORP holds 4.0142 of the shares totaling 3.27 million with a market value of $17.67 million.
WideOpenWest Inc (WOW) Insider Activity
The most recent transaction is an insider sale by Elder Teresa L, the company’s Chief Executive Officer. SEC filings show that Elder Teresa L sold 2,045 shares of the company’s common stock on Jan 02 ’25 at a price of $5.00 per share for a total of $10225.0. Following the sale, the insider now owns 1.51 million shares.
WideOpenWest Inc disclosed in a document filed with the SEC on Dec 02 ’24 that Elder Teresa L (Chief Executive Officer) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $5.11 per share for $0.1 million. Following the transaction, the insider now directly holds 1.52 million shares of the WOW stock.
Still, SEC filings show that on Nov 01 ’24, Elder Teresa L (Chief Executive Officer) disposed off 20,000 shares at an average price of $5.12 for $0.1 million. The insider now directly holds 1,535,787 shares of WideOpenWest Inc (WOW).
