|Bid||0.00 x 43500|
|Ask||0.00 x 36100|
|Day's range||34.94 - 34.99|
|52-week range||28.17 - 35.01|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||47.16|
|Earnings date||05 May 2020 - 10 May 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||35.00|
Zayo Group Holdings, Inc. ("Zayo") (NYSE: ZAYO), which provides mission-critical bandwidth to the world’s most impactful companies, today announced the completion of its acquisition by affiliates of Digital Colony Partners ("Digital Colony") and the EQT Infrastructure IV fund ("EQT" or "EQT Infrastructure"). The close marks the consummation of the $14.3 billion transaction, which represents the largest syndicated private equity investment, the fifth largest Media & Communications LBO and the second largest LBO overall since 2008.
Zayo (ZAYO) collaborates with a Microsoft-backed broadband initiative to deploy affordable and seamless Internet connectivity across the rural regions of the United States.
While Verizon (VZ) records healthy top-line growth driven by wireless strength, Woodwards (WWD) registers higher revenues due to healthy market fundamentals in the Aerospace segment.
Zayo Group (ZAYO) delivered earnings and revenue surprises of 44.44% and 1.37%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Zayo's (ZAYO) fiscal second-quarter performance is likely to have benefited from its multi-site data center portfolio and ability to customize solutions.
The long-term lease agreement with Zayo (ZAYO) will help DPS to save operating costs for similar Internet connection from third-party service providers.
Zayo Group Holdings (ZAYO) has the potential for further price appreciation and looks poised to touch new highs in 2020 on the back of healthy growth dynamics.
While Verizon (VZ) beats its 5G coverage target for 2019, Vodafone inks a deal with Nokia (NOK) to deploy 5G services in Australia.
The move will enable Zayo Group (ZAYO) to provide high-quality connectivity to support the seamless transition of enterprise and mobile carrier customers to 5G technology.