Latest news with #WideOpenWest
Business Wire
18 hours ago
- Business
- Business Wire
WOW Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of WideOpenWest, Inc. is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of WideOpenWest, Inc. (NYSE: WOW) to affiliates of DigitalBridge Investments, LLC and Crestview Partners for $5.20 per share is fair to WideOpenWest shareholders. Halper Sadeh encourages WideOpenWest shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@ or zhalper@ The investigation concerns whether WideOpenWest and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for WideOpenWest shareholders; (2) determine whether DigitalBridge and Crestview are underpaying for WideOpenWest; and (3) disclose all material information necessary for WideOpenWest shareholders to adequately assess and value the merger consideration. On behalf of WideOpenWest shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome.
Business Wire
19 hours ago
- Business
- Business Wire
Shareholder Alert: The Ademi Firm Investigates Whether WideOpenWest, Inc. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating WideOpenWest (NYSE: WOW) for possible breaches of fiduciary duty and other violations of law in its transaction with DigitalBridge Investments. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ or toll-free: 866-264-3995. There is no cost or obligation to you. Shareholders of WideOpenWest will receive $5.20 per share in cash in an all-cash transaction valued at approximately $1.5 billion. Crestview, which currently owns approximately 37% of WideOpenWest's outstanding shares and is the company's largest stockholder, will roll over its existing holdings rather than receive cash. WideOpenWest insiders will receive substantial benefits as part of change of control arrangements. The transaction agreement unreasonably limits competing transactions for WideOpenWest by imposing a significant penalty if WideOpenWest accepts a competing bid. We are investigating the conduct of the WideOpenWest board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Yahoo
a day ago
- Business
- Yahoo
Benchmark Co Reduced the Firm's PT on WideOpenWest (WOW), Kept a Buy Rating
WideOpenWest, Inc. (NYSE:WOW) is one of the . On May 29, Matthew Harrigan from Benchmark Co. reduced the price target of WideOpenWest, Inc. (NYSE:WOW) from $7.5 to $6.5, while maintaining a Buy rating on the stock. The analyst highlighted the company's recent strategic partnership with Columbus Clingstones to provide exclusive fiber internet services at Synovus. Harrigan believes that the deal highlights the effectiveness of the company's broadband solutions. He noted that despite a slight reduction in the price target, he remains optimistic that this partnership will enhance WideOpenWest, Inc.'s (NYSE:WOW) financial performance and market presence. An aerial view of a communication tower against a backdrop of a city skyline. In addition, Harrigan also noted the company's strong liquidity backed by a recent $200 million credit agreement. This supports the ambitious plan to pass 400,000 new fiber homes by the end of 2027. WideOpenWest, Inc. (NYSE:WOW) is a broadband provider offering high-speed internet, cable TV, and digital phone services to both residential and business customers. While we acknowledge the potential of WOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
WideOpenWest (WOW) To Report Earnings Tomorrow: Here Is What To Expect
Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) will be announcing earnings results this Monday before market hours. Here's what to look for. WideOpenWest beat analysts' revenue expectations by 1.3% last quarter, reporting revenues of $150 million, down 7.1% year on year. It was a mixed quarter for the company, with an impressive beat of analysts' adjusted operating income estimates but a miss of analysts' EBITDA estimates. It reported 473,800 subscribers, down 5.4% year on year. Is WideOpenWest a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting WideOpenWest's revenue to decline 9.6% year on year to $143.6 million, a further deceleration from the 8% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.15 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. WideOpenWest has missed Wall Street's revenue estimates four times over the last two years. Looking at WideOpenWest's peers in the wireless, cable and satellite segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Verizon delivered year-on-year revenue growth of 5.2%, beating analysts' expectations by 2.3%, and Comcast reported revenues up 2.1%, topping estimates by 1.8%. Verizon traded up 5.3% following the results while Comcast's stock price was unchanged. Read our full analysis of Verizon's results here and Comcast's results here. Investors in the wireless, cable and satellite segment have had steady hands going into earnings, with share prices flat over the last month. WideOpenWest is down 14.9% during the same time and is heading into earnings with an average analyst price target of $5.65 (compared to the current share price of $3.36). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
23-06-2025
- Business
- Yahoo
3 Out-of-Favor Stocks with Red Flags
The past year hasn't been kind to the stocks featured in this article. Each has tumbled to their lowest points in 12 months, leaving investors to decide whether they're witnessing fire sales or falling knives. While market timing can be an extremely profitable strategy, it has burned many investors and requires rigorous analysis - something we specialize in at StockStory. Keeping that in mind, here are three stocks where the skepticism is well-placed and some better opportunities to consider. One-Month Return: -4% Initially started in Denver as a cable television provider, WideOpenWest (NYSE:WOW) provides high-speed internet, cable, and telephone services to the Midwest and Southeast regions of the U.S. Why Do We Steer Clear of WOW? Performance surrounding its subscribers has lagged its peers Cash-burning tendencies make us wonder if it can sustainably generate shareholder value Eroding returns on capital from an already low base indicate that management's recent investments are destroying value WideOpenWest is trading at $4.06 per share, or 1.2x forward EV-to-EBITDA. Read our free research report to see why you should think twice about including WOW in your portfolio, it's free. One-Month Return: -10.4% Starting as a small millwork shop, American Woodmark (NASDAQ:AMWD) is a cabinet manufacturing company that helps customers from inspiration to installation. Why Should You Dump AMWD? Customers postponed purchases of its products and services this cycle as its revenue declined by 9% annually over the last two years Sales are projected to tank by 2.7% over the next 12 months as its demand continues evaporating Falling earnings per share over the last two years has some investors worried as stock prices ultimately follow EPS over the long term At $50.84 per share, American Woodmark trades at 8.2x forward P/E. Check out our free in-depth research report to learn more about why AMWD doesn't pass our bar. One-Month Return: -6.4% Founded in 1991, Graphic Packaging (NYSE:GPK) is a provider of paper-based packaging solutions for a wide range of products. Why Are We Out on GPK? Declining unit sales over the past two years imply it may need to invest in improvements to get back on track Earnings per share have dipped by 5.7% annually over the past two years, which is concerning because stock prices follow EPS over the long term Free cash flow margin dropped by 10.8 percentage points over the last five years, implying the company became more capital intensive as competition picked up Graphic Packaging Holding's stock price of $21.14 implies a valuation ratio of 8.6x forward P/E. Dive into our free research report to see why there are better opportunities than GPK. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio
