Consolidated Communications Stock Fair Value Calculator – CONSOLIDATED COMMUNICATIONS Reports Second Quarter FY2023 Earnings on August 8th
August 15, 2023
🌥️Earnings Overview
CONSOLIDATED COMMUNICATIONS ($NASDAQ:CNSL) reported a total revenue of USD 275.2 million for the second quarter of FY2023 (closing June 30, 2023) on August 8, 2023, representing a decrease of 7.8% from the same period of last year. Additionally, net income was reported to be USD -108.2 million, which is lower than the USD -1.7 million reported in the previous year.
Market Price
On Tuesday, August 8th, CONSOLIDATED COMMUNICATIONS reported their second quarter fiscal year 2023 earnings. The company’s stock opened the day at $3.6 and closed at $3.9, which represents a rise of 6.6% from the previous closing price of $3.7. This increase was partially due to the positive news about their performance in the second quarter. These impressive numbers have investors optimistic about the company’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Consolidated Communications. More…
| Total Revenues | Net Income | Net Margin |
| 1.14k | 67.23 | -10.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Consolidated Communications. More…
| Operations | Investing | Financing |
| 149.52 | 52.28 | -17.25 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Consolidated Communications. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.76k | 2.86k | 7.64 |
Key Ratios Snapshot
Some of the financial key ratios for Consolidated Communications are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -4.5% | -19.3% | -1.8% |
| FCF Margin | ROE | ROA |
| -36.6% | -1.3% | -0.3% |
Analysis – Consolidated Communications Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of the financials of CONSOLIDATED COMMUNICATIONS. After extensive examination, we have determined that its intrinsic value is approximately $7.6. This value was derived using our proprietary Valuation Line. Currently, CONSOLIDATED COMMUNICATIONS stock is trading at $3.9, representing a substantial discount of 48.7%. We believe this would be an ideal time for investors to buy into the stock in order to take advantage of the price discrepancy and gain a lucrative return on their investment. More…
Peers
Consolidated Communications Holdings Inc and its competitors, Covista Communications Inc, Over the Wire Holdings Ltd, and Internet Initiative Japan Inc, are engaged in a fierce competition for market share. All four companies are striving to offer the best products and services to their customers. Each company is trying to gain an edge over the others in terms of price, quality, and customer service.
– Covista Communications Inc ($OTCPK:CVST)
Covista Communications Inc is a leading provider of communication solutions for business and government organizations. It offers a full range of products and services, including voice, data, and video solutions. The company has a strong commitment to customer satisfaction and provides a wide range of support services. Covista has a market cap of 16.4M as of 2022 and a ROE of 32.27%. The company’s products and services are designed to meet the needs of businesses and government organizations of all sizes.
– Over the Wire Holdings Ltd ($TSE:3774)
Internet Initiative Japan Inc. (IIJ) is a leading Internet service provider in Japan. IIJ was founded in 1992 and is headquartered in Tokyo. IIJ provides a wide range of Internet services including data communications, colocation, and cloud computing. IIJ has a market cap of 432.96B as of 2022 and a return on equity of 15.53%. IIJ is a publicly traded company on the Tokyo Stock Exchange.
Summary
Consolidated Communications reported their earnings results for Q2 FY2023 (ending June 30 2023) on August 8 2023, showing a 7.8% decrease in total revenue to USD 275.2 million and a net income of USD -108.2 million, compared to -1.7 million in the year prior. This caused the stock price to rise on the same day. For investors, this news may indicate that Consolidated Communications is in a period of overall decline, but the stock price movement suggests that there may also be an opportunity for short-term gains. A careful analysis of the company’s financials and outlook will be needed to determine whether it is a good long-term investment opportunity.
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