CNSL Stock Summary and Trading Ideas (Consolidated Comms Hldgs | NASDAQ:CNSL)

Consolidated Communications Holdings Inc provides communication services for business and residential customers across various states in the U.S. Its business product suite includes data and Internet solutions, voice, data center services, security services, managed and IT services, and an expanded suite of cloud services. It provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections, and custom fiber builds and last-mile connections. It offers residential high-speed Internet, video, phone, and home security services as well as multi-service residential and small business bundles.

Consolidated Comms Hldgs trades on the NASDAQ stock market under the symbol CNSL.

As of April 18, 2024, CNSL stock price declined to $4.25 with 1,006,687 million shares trading.

CNSL has a beta of 0.28, meaning it tends to be less sensitive to market movements. CNSL has a correlation of 0.01 to the broad based SPY ETF.

CNSL has a market cap of $493.82 million. This is considered a Small Cap stock.

Last quarter Consolidated Comms Hldgs reported $275 million in Revenue and -$.26 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.10.

In the last 3 years, CNSL stock traded as high as $9.89 and as low as $2.10.

The top ETF exchange traded funds that CNSL belongs to (by Net Assets): IJR, VTI, IWM, FNDA, VXF.

CNSL has underperformed the market in the last year with a return of +10.7%, while the SPY ETF gained +22.3%. In the last 3 month period, CNSL fell short of the market, returning -6.0%, while SPY returned +6.1%. However, in the most recent 2 weeks CNSL has outperformed the stock market by returning -1.6%, while SPY returned -3.8%.

CNSL support price is $4.25 and resistance is $4.29 (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 CNSL stock will trade within this expected range on the day.