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Windstream (WIN) in Focus: Stock Moves 11.5% Higher

Zacks Equity Research
Updated

Windstream Holdings, Inc.WIN was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.30 to $1.66 in the past one-month time frame.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Windstream currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Windstream Holdings, Inc. Price

Windstream Holdings, Inc. Price | Windstream Holdings, Inc. Quote

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A better-ranked stock in the Computer and Technology sector is United States Cellular Corporation USM, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is WIN going up? Or down? Predict to see what others think: Up or Down

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Windstream Holdings, Inc. (WIN) : Free Stock Analysis Report
 
United States Cellular Corporation (USM) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research