Analysts Set Price Target for Cable One at $256.75

Cable One, Inc. (NYSE:CABO) has been assigned a consensus rating of “Reduce” by eight analysts monitoring the stock, as reported by MarketBeat.com. Among these analysts, three have recommended a sell rating while five have suggested holding the stock. The average price target for the next year now stands at $256.75.

Several analysts have provided insights into their recent evaluations. On November 7, Wells Fargo & Company lowered their target price for Cable One from $120.00 to $107.00, assigning it an “underweight” rating. Similarly, on November 25, Zacks Research downgraded the stock from a “hold” to a “strong sell” rating. JPMorgan Chase & Co. also revised their price objective, decreasing it from $175.00 to $145.00 and issuing a “neutral” rating on November 12. Lastly, Weiss Ratings reaffirmed a “sell (d-)” rating on October 8.

Current Stock Performance and Financial Overview

On Friday, shares of Cable One opened at $98.56, reflecting a decline of 3.5%. The company currently holds a market capitalization of $555.88 million and has a price-to-earnings ratio of -1.21. The stock has experienced a low of $96.67 and a high of $360.30 over the past year. Its 50-day simple moving average is $119.80, while the 200-day moving average stands at $140.95.

Cable One’s financial ratios reveal a debt-to-equity ratio of 1.88, with both a current ratio and quick ratio of 0.38. The company’s earnings report released on November 6 revealed earnings per share (EPS) of $5.17, which fell short of the consensus estimate of $9.25 by $4.08. The firm reported revenue of $376.01 million, slightly below the expected $378.96 million. Analysts forecast that Cable One will achieve an EPS of 32.08 for the current fiscal year.

Company Profile and Services

Cable One, Inc. is a prominent American provider of broadband communications services, delivering a wide range of residential and business solutions via a hybrid fiber-coaxial network. The company specializes in high-speed internet access, digital video, voice communications, and mobile services, along with advanced managed Wi-Fi and cybersecurity tools.

Its infrastructure supports both traditional cable offerings and converged IP-based platforms tailored to meet changing customer demands. In addition to consumer services, Cable One also provides small and medium-sized enterprises with dedicated business-class connectivity, Ethernet solutions, and cloud-based voice applications.

As analysts continue to evaluate Cable One’s financial health and market position, the consensus rating and price targets reflect a cautious outlook amidst a challenging economic landscape.