Shenandoah Telecommunications (NASDAQ:SHEN) Posts Earnings Results, Misses Estimates By $0.07 EPS

Shenandoah Telecommunications (NASDAQ:SHEN) issued its quarterly earnings results on Thursday. The utilities provider reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.07), Zacks reports. Shenandoah Telecommunications had a negative return on equity of 1.45% and a net margin of 62.67%.

Shenandoah Telecommunications Price Performance

Shares of NASDAQ:SHEN opened at $10.62 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.79 and a quick ratio of 0.79. Shenandoah Telecommunications has a one year low of $9.77 and a one year high of $22.27. The company’s fifty day moving average price is $11.97 and its 200-day moving average price is $13.46. The firm has a market capitalization of $579.85 million, a price-to-earnings ratio of 2.73 and a beta of 0.61.

Wall Street Analyst Weigh In

Separately, BWS Financial reissued a “buy” rating and issued a $26.00 price target on shares of Shenandoah Telecommunications in a report on Wednesday, November 13th.

About Shenandoah Telecommunications

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name.