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Ken Johnson Appointed Cable One Chief Operating Officer
Business Wire (Mon, 4-Mar 4:15 PM ET)
Cable One Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Thu, 22-Feb 4:15 PM ET)
Cable One to Host Conference Call to Discuss Fourth Quarter and Full Year 2023 Results
Business Wire (Thu, 8-Feb 4:30 PM ET)
Cable One Declares Quarterly Dividend
Business Wire (Tue, 6-Feb 4:30 PM ET)
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with Sparklight TV app to stream video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
Cable One trades on the NYSE stock market under the symbol CABO.
As of March 28, 2024, CABO stock price declined to $423.13 with 158,161 million shares trading.
CABO has a beta of 1.44, meaning it tends to be more sensitive to market movements. CABO has a correlation of 0.19 to the broad based SPY ETF.
CABO has a market cap of $2.38 billion. This is considered a Mid Cap stock.
Last quarter Cable One reported $412 million in Revenue and $19.39 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $8.21.
In the last 3 years, CABO stock traded as high as $2,136.14 and as low as $405.75.
The top ETF exchange traded funds that CABO belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.
CABO has underperformed the market in the last year with a price return of -36.9% while the SPY ETF gained +33.6%. CABO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -23.4% and -7.0%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
CABO support price is $411.98 and resistance is $437.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CABO stock will trade within this expected range on the day.