Cable One stock: buy or sell?

CABO stock price: $1,231.34 -0.01% At close on July 15th, 2019

Updated on:
July 15th, 2019

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Cable One remained constant -0.01% today to $1,231.34 after marking all time highs today.

Cable One, Inc. owns and operates cable systems that provide data, video, and voice services to residential and commercial customers in the United States.

Should I buy Cable One stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups work for Cable One stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Cable One stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 6 ratings published for CABO stock in the last month.

The general sentiment of these ratings is bullish for CABO stock, with 4 positive ratings.
Is CABO a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-27KeyCorpn/aOverweight
2019-5-10SunTrust Banksn/aHold
2019-3-1B. RileyBuyBuy
2019-3-1B. RileyBuyBuy
2019-2-28SunTrust Banksn/aHold
2019-2-28KeyCorpn/aOverweight

Cable One stock analysis

Daily outlook

Even the negative close ($1,231.34, -0.01%), Cable One touched new all time high at $1,243.86.

Shares of Cable One closed today at $1,231.34 after marking a new all time high ($1,243.86) even it couldn't close with gains and remained constant a tight -0.01%. Since February when SMA50d and SMA100d crossed up, CABO price gained $268.42 per share (27.88%).

CABO stock chart (daily)

Weekly outlook

Despite of the red candle ($1,231.34, -0.01%), Cable One peaked new all time high at $1,243.86. This week broke a green streak of 4 weeks. Early June CABO climbed a brilliant 5.57% in just one week.

CABO shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late June, CABO climbed unceasignly breaking out to new all time highs. By mid February, SMA10w and SMA20w crossed up triggering a rise of 32.22%. Since late January when CABO stock price broke up the SMA20w line, it gained $384.11 (45.34%).

CABO stock chart (weekly)

Cable One stock price history

Cable One stock went public on June 11th, 2015 with a price of $384.791. Since then, CABO stock grew a 220.00%, with a yearly average of 55.00%. If you had invested $1,000 in Cable One stock in 2015, it would worth $2,200.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Cable One stock historical price chart

CABO stock reached all-time highs today with a price of $1,243.86.

Cable One stock price target is $1,072.70

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 6 price predictions for CABO stock posted in the last month:
CABO stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-27KeyCorpReiterates$1,210.00$1,316.008.8%
2019-5-10SunTrust BanksRaises Targetn/a$1,020.00-
2019-3-1B. RileyReiteratesn/a$990.00-
2019-3-1B. RileyRaises Target$990.00$1,090.0010.1%
2019-2-28SunTrust BanksReiteratesn/a$905.00-
2019-2-28KeyCorpReiterates$1,025.00$1,115.008.8%
(in average)$1,075.00$1,072.700.0%
Moving in a range from $1,316.00 and $905.00, the price forecast for CABO stock is $1,072.70. In average, analysts' outlook on CABO price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Cable One missed the expectations of the analysts and reported a rough EPS of $7.34 per share when experts were expecting $8.04.
CABO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a5.42n/a
2017-Q2-n/a5.51n/a
2017-Q32017-11-085.25.485.4%
2017-Q42018-03-015.875.78-1.5%
2018-Q12018-05-096.687.086.0%
2018-Q22018-08-097.977.65-4.0%
2018-Q32018-11-077.846.7-14.5%
2018-Q42019-02-278.047.34-8.7%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a cool gain of 11.70% to $1,072.30 M USD. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) slipped a -9.13% to 15.37%.

CABO annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$826 M-$105 M12.7%-
2014$815 M-1.32%$147 M18.1%40.95%
2015$807 M-0.93%$89 M11.0%-39.56%
2016$820 M1.53%$99 M12.1%11.13%
2017$960 M17.12%$235 M24.5%137.69%
2018$1,072 M11.70%$165 M15.4%-29.94%

Quarterly financial results

Cable One reported $269.85 million in revenues for 2018-Q4, a 0.59% improvement compared to previous quarter. Reported quarter earnings marked $42.01 million with a profit margin of 15.57%. Profit margin appreciated a 1.29% compared to previous quarter when profit margin was 14.28%. When comparing sales to same quarter last year, Cable One sales marked a decent growth and grew a 4.69%.
CABO quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$207 M-$33 M16.0%-
2017-Q2$241 M16.20%$29 M11.9%-13.97%
2017-Q3$254 M5.31%$32 M12.4%10.27%
2017-Q4$258 M1.55%$143 M55.5%354.24%
2018-Q1$266 M3.10%$41 M15.3%-71.60%
2018-Q2$268 M1.00%$44 M16.3%7.70%
2018-Q3$268 M-0.05%$38 M14.3%-12.50%
2018-Q4$270 M0.59%$42 M15.6%9.64%

Cable One ownership

When you are planning to buy a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cable One, 14.34% of all outstanding shares are owned by its staff.

Bearish positions for CABO stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

CABOGTTLBRDKRNET
Market cap$7.0 B$857.3 M$16.5 B$195.9 M
Total shares5.7 M55.9 M152.6 M19.7 M
Float shares5.0 M16.4 M173.0 M11.7 M
  - Institutional holdings (%)80.3%91.1%68.6%89.1%
  - Insider holdings (%)14.3%18.8%3.3%1.8%
Shares in short selling0.0%0.0%0.0%0.0%

Cable One summary

Monday, July 15th, 2019
Open$1229.40
Close$1231.34
Day range$1224.01 - $1243.86
Previous close$1231.52
Session gain-0.01%
Average true range$21.29
50d mov avg$1,148.78
100d mov avg$1,065.15
200d mov avg$964.70
Daily pattern
Weekly pattern lb03c

Cable One performance

To better understand Cable One performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Cable One performance to GTT Communications, Liberty Broadband and RigNet:
Stock3m6m12m
CABOCable One20.32%45.34%66.56%
GTTGTT Communication...-61.52%-44.14%-67.68%
LBRDKLiberty Broadband12.61%42.88%39.63%
RNETRigNet-2.45%-34.86%-9.64%

Cable One competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Cable One. We chose 3 companies as Cable One competitors as they are in the same industry or have similar market objectives.