WOW Stock Summary and Trading Ideas (Wideopenwest | NYSE:WOW)

WideOpenWest Inc is a cable operator and broadband service, provider. The company serves residential, business and wholesale customers in Illinois, Michigan, Indiana, Ohio, Kansas, Tennessee, Maryland, and South Carolina. Its service portfolio consists of high-speed internet, data, voice, cloud, and cable television services. The company operates in one business segment that is Broadband Services. The majority of the revenue is generated from the subscription service revenue received.

Wideopenwest trades on the NYSE stock market under the symbol WOW.

As of May 7, 2024, WOW stock price declined to $4.64 with 2,528,545 million shares trading.

WOW has a beta of 0.53, meaning it tends to be less sensitive to market movements. WOW has a correlation of 0.00 to the broad based SPY ETF.

WOW has a market cap of $386.58 million. This is considered a Small Cap stock.

Last quarter Wideopenwest reported $169 million in Revenue and -$.54 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.53.

In the last 3 years, WOW stock traded as high as $23.93 and as low as $2.31.

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

WOW stock has underperformed the market in the last year with a return of -45.8%, while SPY returned +27.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in WOW shares. However, WOW has outperformed the market in the last 3 month and 2 week periods, returning +32.6% and +37.7%, while SPY returned +5.0% and +3.5%, respectively. This indicates WOW has been having a stronger performance recently.

WOW support price is $4.66 and resistance is $5.02 (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 WOW stock will trade within this expected range on the day.