Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus price target of $35.00 for the company, according to Zacks. Zacks has also assigned Hawaiian Telcom Holdco an industry rank of 54 out of 265 based on the ratings given to its competitors.
Separately, TheStreet upgraded Hawaiian Telcom Holdco from a “d+” rating to a “c-” rating in a research note on Wednesday, April 26th.
Hawaiian Telcom Holdco (NASDAQ:HCOM) traded up 0.56% on Monday, hitting $25.13. The stock had a trading volume of 4,014 shares. The company’s 50-day moving average is $25.05 and its 200-day moving average is $24.62. The stock’s market cap is $291.18 million. Hawaiian Telcom Holdco has a one year low of $20.10 and a one year high of $27.28.
Hawaiian Telcom Holdco (NASDAQ:HCOM) last posted its quarterly earnings results on Tuesday, May 9th. The utilities provider reported ($0.17) EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.19. The firm had revenue of $94.51 million during the quarter. Hawaiian Telcom Holdco had a negative return on equity of 0.32% and a negative net margin of 0.25%. On average, analysts anticipate that Hawaiian Telcom Holdco will post ($0.59) earnings per share for the current fiscal year.
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Institutional investors have recently modified their holdings of the company. Sei Investments Co. increased its position in shares of Hawaiian Telcom Holdco by 5.2% in the first quarter. Sei Investments Co. now owns 5,113 shares of the utilities provider’s stock valued at $117,000 after buying an additional 252 shares in the last quarter. Oxford Asset Management purchased a new stake in shares of Hawaiian Telcom Holdco during the first quarter valued at approximately $207,000. Prudential Financial Inc. purchased a new stake in shares of Hawaiian Telcom Holdco during the first quarter valued at approximately $247,000. Bank of America Corp DE boosted its stake in shares of Hawaiian Telcom Holdco by 3.3% in the first quarter. Bank of America Corp DE now owns 11,402 shares of the utilities provider’s stock valued at $261,000 after buying an additional 363 shares during the last quarter. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Hawaiian Telcom Holdco during the fourth quarter valued at approximately $263,000. Institutional investors and hedge funds own 69.03% of the company’s stock.
About Hawaiian Telcom Holdco
Hawaiian Telcom Holdco, Inc is a provider of communications services and products in Hawaii. The Company operates through two business segments: Telecommunications and Data Center Colocation. The Telecommunications segment provides local telephone service, including voice and data transport, custom calling features, network access, directory assistance and private lines.
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