B.Riley FBR analyst Zachary Silver maintained a Hold rating on Shenandoah Telecommunications Co (NASDAQ:SHEN) on Friday, setting a price target of $53, which is approximately 3.05% below the present share price of $54.67.
Silver expects Shenandoah Telecommunications Co to post earnings per share (EPS) of $0.27 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in Shenandoah Telecommunications Co, with an average price target of $53.
The analysts price targets range from a high of $53 to a low of $53.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $153.19 million and a net profit of $23.05 million. The company's market cap is $2.73 billion.
According to TipRanks.com, B.Riley FBR analyst Zachary Silver is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -3.3% and a 44.55% success rate.
Shenandoah Telecommunications Co. operates as a holding company, which engages in the provision of regulated and unregulated telecommunication services to end-user customers and other telecommunications providers. It offers voice, video and data communications services. It operates through the following segments: Wireless, Broadband and Tower. The Wireless segment provides digital wireless telephone and data network services. The Broadband segment provides broadband, video and voice services to residential and commercial customers in portions of Virginia, West Virginia, Maryland, and Kentucky, via fiber optic and hybrid fiber coaxial (HFC) cable. The Tower segment leases space on 225 owned cell towers. The company was founded in 1902 and is headquartered in Edinburg, VA.