Zayo stock: buy or sell?
March 6th, 2020
Zayo Group Holdings, Inc., through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the United States, Canada, and Europe.
Should I buy Zayo stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Zayo stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Zayo stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for ZAYO stock for the last 30 days.
Zayo stock analysis
Shares of Zayo remained constant a tight 0.09% and closed at $34.99.
Shares of Zayo closed on Mar 6th at $34.99 and remained stable a tight 0.09%.
Zayo shares remained stable 0.00% early March, ending at $34.99. Counting this, it's been 5 green weeks in a row, gaining $0.24 or 0.69%.
In a weekly time frame, Zayo stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, ZAYO might consolidate in a flat-base, waiting to break out over or down under . Since late May 2019 when SMA20w and SMA40w crossed up, ZAYO price gained $2.37 per share (7.27%). Since early April 2019 when ZAYO stock price broke up the SMA40w line, it gained $5.62 (19.14%).
Zayo stock price history
Zayo stock went public on October 17th, 2014 with a price of $21.511. Since then, ZAYO stock surged a 62.70%, with an average of 12.50% per year. If you had invested right after ZAYO's IPO a $1,000 in Zayo stock in 2014, it would worth $627.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Zayo stock historical price chart
ZAYO stock reached 52-week highs on February/28 at $35.01, and all-time highs 2018-07-12 with a price of 39.66.
Zayo stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price target for Zayo stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Zayo didn't meet the forecasts of the experts and reported a fatal EPS of $0.13 per share when experts were expecting $0.15.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an astounding growth of 18.37% to $2,604.00 M dollars. Nonetheless, its profit margin (compared to sales) remained stable to 3.91%, that is $101.90 million. Zayo presents anual results in June, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Zayo TTM sales up to December 2018 were $2,587.20 and income $119.50 million dollars. If we compare this TTM figures with the last reported annuality, we can review Zayo business evolution since June 2018: Annual sales up to December, compared to lastest yearly report, stayed constant an unpleasant -0.65%. Regarding profit margin, Zayo stayed constant 0.71% to 3.91%
|2013||$1,000 M||-||$-145.61 M-14.6%||-|
|2014||$1,120 M||12.00%||$-181.64 M-16.2%||24.74%|
|2015||$1,347 M||20.28%||$-155.30 M-11.5%||-14.50%|
|2016||$1,722 M||27.81%||$-76.20 M-4.4%||-50.93%|
|2017||$2,200 M||27.77%||$86 M3.9%||-212.47%|
|2018||$2,604 M||18.37%||$102 M3.9%||18.90%|
|TTM||$2,587 M||-0.65%||$120 M4.6%||17.27%|
Quarterly financial resultsZayo posted $639.10 M in sales for 2018-Q4, a -0.31% decline compared to previous quarter. Reported quarter earnings marked $30.20 million with a profit margin of 4.73%. Profit margin gained a 1.28% compared to previous quarter when profit margin was 3.45%. When comparing turnover to same quarter last year, Zayo sales marked a disappointing correction and decreased a -2.20%. Looking back to recent quarterly results, Zayo posted 2 negative quarters in a row.
|2017-Q1||$550 M||-||$27 M4.9%||-|
|2017-Q2||$638 M||15.96%||$23 M3.6%||-14.07%|
|2017-Q3||$644 M||0.86%||$23 M3.6%||0.00%|
|2017-Q4||$654 M||1.55%||$12 M1.8%||-50.43%|
|2018-Q1||$649 M||-0.63%||$23 M3.6%||103.48%|
|2018-Q2||$658 M||1.26%||$44 M6.7%||87.18%|
|2018-Q3||$641 M||-2.51%||$22 M3.4%||-49.54%|
|2018-Q4||$639 M||-0.31%||$30 M4.7%||36.65%|
Zayo ownershipWhen you are planning to buy a company, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Zayo, of all outstanding shares are owned by its staff.
The following table compares ownership indicators for other stocks related to Zayo:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, March 6th, 2020|
|Day range||$34.94 - $34.99|
|Average true range||$0.06|
|50d mov avg||$34.81|
|100d mov avg||$34.54|
|200d mov avg||$34.00|
Zayo performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Zayo against in the following table: