最新ニュース Cable One (NYSE:CABO) 株価情報

Cable One

Cable One Inc. is a telecommunications company that generates revenue from providing broadband, voice, and video services to both residential and business customers. From a product standpoint, the majority of revenue comes from data and video services, which are subscription-based and billed monthly. The company also offers Sparklight TV, an Internet Protocol Television (IPTV) service that enables customers using the Sparklight TV app to stream video channels from the cloud. Additionally, the company earns advertising revenue by selling airtime on its video channels, and it provides voice services over Internet protocols. Cable One Inc. owns its telecommunications infrastructure.

Cable One Inc

CABO DRILLING CORP ORD by Cabo Drilling Corp.

Cabo Drilling Corp

Cabot Corp

A notable insider purchase on March 5, was reported by Wallace R Weitz, Director at Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>), based on the most recent SEC filing.
What Happened: In a Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0001632127/000163212725000035//Archives/edgar/data/1632127/000163212725000035/0001632127-25-000035-index.htm">U.S. Securities and Exchange Commission</a>, it was disclosed that Weitz bought 4,000 shares of Cable One, amounting to a total of $982,020.
During Thursday's morning session, Cable One shares up by 0.82%, currently priced at $256.0.
<h3>Delving into Cable One's Background</h3>
Cable One Inc. is a telecommunications company that generates revenue from providing broadband, voice, and video services to both residential and business customers. From a product standpoint, the majority of revenue comes from data and video services, which are subscription-based and billed monthly. The company also offers Sparklight TV, an Internet Protocol Television (IPTV) service that enables customers using the Sparklight TV app to stream video channels from the cloud. Additionally, the company earns advertising revenue by selling airtime on its video channels, and it provides voice services over Internet protocols. Cable One Inc. owns its telecommunications infrastructure.
<h3>Understanding the Numbers: Cable One's Finances</h3>
Negative Revenue Trend: Examining Cable One's financials over 3 months reveals challenges. As of 31 December, 2024, the company experienced a decline of approximately -5.97% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Insights into Profitability:
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Gross Margin: The company issues a cost efficiency warning with a low gross margin of 74.21%, indicating potential difficulties in maintaining profitability compared to its peers.
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Earnings per Share (EPS): Cable One's EPS reflects a decline, falling below the industry average with a current EPS of -18.71.
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Debt Management: Cable One's debt-to-equity ratio is below the industry average at 2.0, reflecting a lower dependency on debt financing and a more conservative financial approach.
Assessing Valuation Metrics:
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Price to Earnings (P/E) Ratio: Cable One's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 98.42.
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Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.97, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
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EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 6.73 reflects market recognition of Cable One's value, positioning it as more highly valued compared to industry peers.
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Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001632127">Check Out The Full List Of Cable One's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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CABO

Wallace R Weitz Takes a Bullish Stance: Acquires $982K In Cable One Stock

JP Morgan analyst Sebastiano C Petti lowered price forecast for Cable One, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) from $420 to $325, <a target="_blank" href="https://www.benzinga.com/quote/cabo/analyst-ratings" rel="noreferrer noopener">while maintaining a Neutral rating</a>.
The analyst anticipates the growing fiber competition and ongoing fixed wireless access (FWA) challenges to constrain the company&#8217;s broadband subscriber growth and limit long-term market penetration.
With roughly 10% of Cable One&#8217;s footprint now facing new fiber competition and fiber build-out accelerating, it remains to be seen if the company&#8217;s latest market strategy can positively impact broadband subscriber growth, adds the analyst.
For 2025, Petti estimates broadband net adds of +5k (down from +14k) and lower EBITDA 3% to $820 million due to lower broadband revenue and rising costs.
Notably, the analyst anticipates the company&#8217;s EBITDA decline rate to improve in 2025 as broadband revenues stabilize (vs. -5.5% y/y drop in FY24), led by improved average revenue per user (ARPU) and selling, general &amp; administrative (SG&amp;A) savings.
Notably, Petti expects the company&#8217;s new go-to-market strategy and emphasis on increasing gross adds will lead to a slight rise in SG&amp;A expenses in 2025.
The analyst sees total revenue of $1.540 billion (down 0.8%) and margins of 53.2% (-80bps year over year) for 2025.&nbsp;&nbsp;
Last month, the company reported fourth-quarter GAAP EPS of $(18.71), which includes a fair value adjustment and non-cash impairment, while sales of $387.21 million <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b44025323/cable-one-reports-fourth-quarter-and-full-year-2024-results" rel="noreferrer noopener">missed the estimate of $389.56 million</a>.
Price Action: CABO shares are down 2.03% at $254.91 at the last check Monday.
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Image via Shutterstock.

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JP Morgan Cuts Cable One Price Forecast Amid Fiber Competition, Challenges In Broadband Growth

JP Morgan analyst Sebastiano Petti maintains Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) with a Neutral and lowers the price target from $420 to $325.

JP Morgan Maintains Neutral on Cable One, Lowers Price Target to $325

Wells Fargo analyst Steven Cahall maintains Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) with a Underweight and lowers the price target from $340 to $240.

Wells Fargo Maintains Underweight on Cable One, Lowers Price Target to $240

Keybanc analyst Brandon Nispel maintains Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) with a Overweight and lowers the price target from $825 to $650.

Keybanc Maintains Overweight on Cable One, Lowers Price Target to $650

Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) reported EPS including fair value adjustment and non-cash impairment of $(18.71). The company reported quarterly sales of $387.21 million which missed the analyst consensus estimate of $389.56 million by 0.60 percent. This is a 5.97 percent decrease over sales of $411.81 million the same period last year.

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CORRECTION: Cable One Q4 GAAP EPS including fair value adjustment and non-cash impairment of $(18.71), Sales $387.21M Miss $389.56M Estimate.

Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) reported quarterly earnings of $11.37 per share which beat the analyst consensus estimate of $9.64 by 17.95 percent. This is a 41.36 percent decrease over earnings of $19.39 per share from the same period last year. The company reported quarterly sales of $387.21 million which missed the analyst consensus estimate of $389.56 million by 0.60 percent. This is a 5.97 percent decrease over sales of $411.81 million the same period last year.

Cable One Q4 GAAP EPS including fair value adjustment and non-cash impairment of $(18.71), Sales $387.21M Miss $389.56M Estimate

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Earnings Scheduled For February 27, 2025

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Trade Desk Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>)</h3>
<ul>
<li>On Feb. 12, The Trade Desk reported quarterly earnings of 59 cents per share, which beat the analyst consensus estimate of 56 cents. Quarterly revenue came in at $741.01 million, which missed the analyst consensus estimate of $758.93 million. The company has a <a href="https://www.benzinga.com/quote/TTD">52-week low of $71.11</a>.</li>
<li>RSI Value: 25.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>TTD Price Action: Shares of Trade Desk gained 1.7% to close at $122.23 on Wednesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest TTD <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1">news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="903" height="817" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041107/image-111.png" alt="" class="wp-image-780551" style="width:653px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041107/image-111.png 903w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041107/image-111-300x271.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041107/image-111-768x695.png 768w" sizes="(max-width: 903px) 100vw, 903px" /></a></figure>
<h3 class="wp-block-heading">Lumen Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>)</h3>
<ul>
<li>On Feb. 4, Lumen Technologies reported better-than-expected financial results for the fourth quarter. "We made material progress strengthening our financial position, transforming our corporate functions, and building the backbone for the AI economy," said Kate Johnson, president and CEO of Lumen. "This upcoming year, we will continue to drive operational excellence at Lumen, disrupt the industry by cloudifying telecom, and deliver connectivity to hyperscalers and enterprises as their demand for data grows in the era of AI." The company's stock fell around 13% over the past month and <a href="https://www.benzinga.com/quote/LUMN">has a 52-week low</a> of $0.97.</li>
<li>RSI Value: 29.5</li>
<li>LUMN Price Action: Shares of Lumen fell 3.5% to close at $4.66 on Wednesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1">LUMN stoc</a>k. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="822" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041205/image-112.png" alt="" class="wp-image-780552" style="width:510px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041205/image-112.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041205/image-112-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041205/image-112-768x696.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Cable One Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>)</h3>
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<li>On Feb. 4, the company's Board of Directors declared a quarterly cash dividend of $2.95 per share. The company's stock fell around 14% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/CABO">low of $271.18.</a></li>
<li>RSI Value: 25.5</li>
<li>CABO Price Action: Shares of Cable One fell 1.1% to close at $279.45 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1">CABO shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="867" height="815" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041259/image-113.png" alt="" class="wp-image-780554" style="width:578px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041259/image-113.png 867w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041259/image-113-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13041259/image-113-768x722.png 768w" sizes="(max-width: 867px) 100vw, 867px" /></a></figure>
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Top 3 Tech & Telecom Stocks That Could Lead To Your Biggest Gains This Quarter

Cable One currently owns a 45% stake in MBI, and affiliates of GTCR LLC ("GTCR") and MBI management own the balance of MBI. The amendments provide Cable One with enhanced ability to control the timing for acquiring the 55% interest it does not currently own pursuant to the put right held by GTCR, with any such acquisition to occur no earlier than October 1, 2026 unless Cable One elects to close the transaction at an earlier date.

Cable One Announced That It Has Amended The Terms Of Its Strategic Investment In Mega Broadband Investments Holdings To Provide Enhanced Timing Flexibility For Cable One's Potential Acquisition Of Full Ownership Of MBI

JP Morgan analyst Sebastiano Petti maintains Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) with a Neutral and lowers the price target from $480 to $470.

JP Morgan Maintains Neutral on Cable One, Lowers Price Target to $470

Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) reported quarterly earnings of $7.58 per share which missed the analyst consensus estimate of $9.12 by 16.89 percent. The company reported quarterly sales of $393.56 million which beat the analyst consensus estimate of $391.43 million by 0.54 percent.&nbsp;

Cable One Q3 2024 GAAP EPS $7.58 May Not Be Comparable To $9.12 Estimate, Sales $393.56M Beat $391.43M Estimate

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FCC Chair Rosenworcel Wants More Competition To SpaceX's Internet Satellite Constellation Starlink

JP Morgan analyst Sebastiano Petti maintains Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) with a Neutral and raises the price target from $470 to $480.

JP Morgan Maintains Neutral on Cable One, Raises Price Target to $480

Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) reported quarterly earnings of $8.16 per share which missed the analyst consensus estimate of $9.36 by 12.82 percent. The company reported quarterly sales of $394.46 million which missed the analyst consensus estimate of $399.83 million by 1.34 percent. This is a 6.97 percent decrease over sales of $424.02 million the same period last year.

Cable One Q2 2024 Adj EPS $8.16 Misses $9.36 Estimate, Sales $394.46M Miss $399.83M Estimate

WIIM

CHTR

Shares of telecom stocks are trading lower in sympathy with Verizon Communications after the company reported worse-than-expected Q2 revenue results.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>. 
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
<h3 class="wp-block-heading">Shutterstock, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSTK#NASDAQ">SSTK</a>)</h3>
<ul>
<li>Dividend Yield: 3.02%</li>
<li>Truist Securities analyst Youssef Squali maintained a Buy rating and cut the price target from $70 to $65 on May 6. This analyst has an accuracy rate of 80%.</li>
<li>Morgan Stanley analyst Brian Nowak assumed an Equal-Weight rating with a price target of $55 on Feb. 22. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: On May 2, Shutterstock reported better-than-expected first-quarter results, raised FY24 guidance and disclosed plans to acquire Envato, a digital creative assets and templates company.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062124&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest Shutterstock's news</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="680" height="747" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/21035616/Screenshot-2024-06-21-at-1.26.09-PM.png" alt="" class="wp-image-398632" style="width:468px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/21035616/Screenshot-2024-06-21-at-1.26.09-PM.png 680w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/21035616/Screenshot-2024-06-21-at-1.26.09-PM-273x300.png 273w" sizes="(max-width: 680px) 100vw, 680px" /></a></figure>
<h3 class="wp-block-heading">Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>)</h3>
<ul>
<li>Dividend Yield: 3.12%</li>
<li>MoffettNathanson analyst Michael Nathanson maintained a Neutral rating and raised the price target from $89 to $93 on April 17. This analyst has an accuracy rate of 61%.</li>
<li>JP Morgan analyst David Karnovsky maintained an Overweight rating and raised the price target from $104 to $108 on April 17. This analyst has an accuracy rate of 66%.</li>
<li>Recent News: On May 30, Omnicom named Mazen Abd Rabbo as SVP of newly formed Omnicom Group Qatar.</li>
<li>Benzinga Pro's charting tool helped identify the <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062124&amp;t=be2bearmibe3na1">trend in Omnicom's stock</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="689" height="745" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/21035655/Screenshot-2024-06-21-at-1.26.50-PM.png" alt="" class="wp-image-398633" style="width:434px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/21035655/Screenshot-2024-06-21-at-1.26.50-PM.png 689w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/21035655/Screenshot-2024-06-21-at-1.26.50-PM-277x300.png 277w" sizes="(max-width: 689px) 100vw, 689px" /></a></figure>
<h3 class="wp-block-heading">Cable One, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>)</h3>
<ul>
<li>Dividend Yield: 3.31%</li>
<li>Wells Fargo analyst Steven Cahall maintained an Underweight rating and cut the price target from $400 to $350 on May 3. This analyst has an accuracy rate of 62%.</li>
<li>MoffettNathanson analyst CraigMoffettupgraded the stock from Neutral to Buy with a price target of $615 on March 5. This analyst has an accuracy rate of 60%.</li>
<li>Recent News: On May 2, Cable One posted weaker-than-expected quarterly sales.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062124&amp;t=be2bearmibe3na1">Benzinga Pro's signals feature</a> notified of a potential breakout in Cable One's shares.</li>
</ul>
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Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields

On June 13, 2024, Cable One&nbsp;announced to its employees that it is implementing certain organizational changes intended to enhance the Company&rsquo;s ability to grow, retain and serve customers and streamline its operations.&nbsp;
The company&nbsp;expects to incur aggregate pre-tax charges of approximately $7 million related to the headcount reduction,&nbsp;which are expected to constitute cash expenditures consisting of employee severance and other one-time termination benefits. Substantially all of the charges are expected to be incurred in the second quarter of 2024.
Once the organizational changes are fully implemented, the Company expects to achieve approximately $14 million of annual run-rate cost savings.
&nbsp;

Cable One Expects To Reduce Its Total Employee Headcount By Approximately 4% - Filing

Wallace R Weitz, Board Member at Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>), reported an insider buy on May 22, according to a new SEC filing. 
What Happened: In a Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0001632127/000163212724000089//Archives/edgar/data/1632127/000163212724000089/0001632127-24-000089-index.htm">U.S. Securities and Exchange Commission</a>, it was disclosed that Weitz bought 1,000 shares of Cable One, amounting to a total of $369,980.
Tracking the Thursday's morning session, Cable One shares are trading at $351.98, showing a down of 0.0%.
<h3>Unveiling the Story Behind Cable One</h3>
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with Sparklight TV app to stream video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
<h3>Cable One: A Financial Overview</h3>
Decline in Revenue: Over the 3 months period, Cable One faced challenges, resulting in a decline of approximately -4.17% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 73.66%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Cable One exhibits below-average bottom-line performance with a current EPS of 8.43.
</li>
</ul>
Debt Management: Cable One's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.87.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 8.07 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 1.28, Cable One's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Cable One's EV/EBITDA ratio, surpassing industry averages at 5.94, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>A Closer Look at Important Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001632127">Check Out The Full List Of Cable One's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Wallace R Weitz Boosts Confidence With $369K Purchase Of Cable One Stock

TD Cowen analyst Gregory Williams maintains Cable One (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CABO#NYSE">CABO</a>) with a Hold and lowers the price target from $650 to $456.

TD Cowen Maintains Hold on Cable One, Lowers Price Target to $456

Press Releases

Cable One Declares Quarterly Dividend

Cable One to Host Conference Call to Discuss Third Quarter 2024 Results

Anthony Mokry Joins Cable One as Senior Vice President, Residential Services

Cable One Reports Third Quarter 2024 Results

Cable One Amends Mega Broadband Strategic Partnership

Cable One to Host Conference Call to Discuss Fourth Quarter and Full Year 2024 Results

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