Here are 5 ETF’s with the largest exposure to SHEN-US. Comparing the performance and risk of Shenandoah Telecommunications Co. (Virginia) with the ETF’s that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility.
ETF’s with exposure to stocks in the same focus area as Shenandoah Telecommunications Co. (Virginia).
Here are 5 ETF’s with the largest exposure to stocks in the same focus area and region as SHEN-US. These ETF’s may not have the highest percentage of Shenandoah Telecommunications Co. (Virginia), but offer a broader sector/region exposure further minimizing single stock risk. Comparing the performance and risk of Shenandoah Telecommunications Co. (Virginia) with the ETF’s that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility.
Stock Performance: Click here for a free comprehensive Trend Analysis Report
Shenandoah Telecommunications Co (NASDAQ:SHEN) stock is currently trading 32.33% below its 52-week-high, 56.99% above its 52-week-low. The 1-year stock price history is in the range of $18.39 – $42.66. Shenandoah Telecommunications Co (SHEN) has a price to earnings ratio of 52.59 versus Technology sector average of 24.21. SHEN stock price has outperformed the Nasdaq by 28.3%. The Telephone-Integrated company is currently valued at $1.41 billion, and its share price closed the last trading session at $28.87. The stock has a 50-day moving average of $38.13 and a 200-day moving average of $30.35.
Shenandoah Telecommunications Co (SHEN) current short interest stands at 1.35 million shares. It has decreased by 7% from the same period of last month. Around 3% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.56 million shares, the number of days required to cover the short positions stand at 2.5 days.
SHEN is forecasted to report earnings per share of $0.16 and a revenue of $150.31 million for the 3rd Quarter of the fiscal year 2016. Shenandoah Telecommunications Co (SHEN) declared last quarter earnings on August 05. The Telephone-Integrated company announced last quarter earnings per share of $0.27 against a consensus Street estimate of $0.26, beating the average estimate by $0.01. The company posted a revenue of $130.3 million compared to an estimation of $93.8 million.
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There are currently five analysts that cover Shenandoah Telecommunications Co stock. Of those five, two have a Buy rating, three have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $43.25.
A recent analyst activity consisted of FBR Capital downgrading their Outperform rating to Market Perform on August 8. FBR Capital increased their price target on SHEN from $31 to $35. This corresponds to a 21.23% upside from the last closing price. On the date of report, the stock closed at $31.5.
Raymond James downgraded their Outperform rating to Market Perform on June 9. On the date of report, the stock closed at $34.11.
Another research firm was Macquarie who initiated their coverage on the stock with Neutral rating on April 5. On the date of report, the stock closed at $26.54.
Shenandoah Telecommunications Company provides telecommunications services through its subsidiaries. The Company offers integrated, full service telecommunications products and services in the Northern Shenandoah Valley and surrounding areas. Shenandoah Telecommunications also holds paging and other radio telecommunications licenses.