Company Update (NYSE:TWC): Time Warner Cable Will Air Final 6 Dodger ...
Time Warner Cable Inc. (TWC), with a current value of $43.04B, opened this morning at $154.40. Today, shares have traded between $153.63 and $155.32 per share with the price of the stock fluctuating between $108.88 to $155.32 over the last 52 weeks. TWC shares are currently priced at 20.01x this year's forecasted earnings, which makes them relatively expensive compared to the industry's 15.25x forward p/e ratio. And for dividend hunters, the company pays shareholders $3.00 per share annually in dividends, yielding 2.00%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $1.94 per share, which would be $0.25 better than the year-ago quarter and a $0.03 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $7.71, which would be a $1.10 better when compared to the last year's annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.75 Billion. If realized, that would be a 4.17% increase over the year-ago quarter. Recently, Canaccord Genuity Initiated TWC at Buy (Sep 10, 2014). Previously, Wunderlich upgraded TWC from Hold to Buy. Given all the information above, we should disclose to readers that the average price target is $169.47, which is 9.76% above than it opened this morning. Summary (NYSE:TWC) : Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services in the United States. It provides various residential services that comprise video services, including video on demand, digital video recorder, and start over and look back services; high-speed data services that include communication tools and personalized services, such as email, PC security, parental controls, and online radio services; voice services that comprise local and long distance calling throughout the United States, Canada, and Puerto Rico; and IntelligentHome, a next-generation home automation and monitoring service. In addition, the company provides business services that comprise data services, including Internet access, network services, and wholesale transport services; and video services, such as various video programming tiers and music services. Its voice services include Business Class Phone that comprises various calling plans options, such as call hunting, call forwarding options, call restrictions, and call transfer; Business Class primary rate interface, a trunk service that offers trunk packages with approximately 23 simultaneous voice calls on each trunk line for medium and enterprise-sized businesses; and managed and outsourced information technology solutions, and cloud services, such as managed network security, domain name registration, online backup, hosted Microsoft Exchange and SharePoint, Web hosting, infrastructure as a service, desktop as a service, customized managed hosting, managed application, and messaging solutions. As of December 31, 2013, the company served approximately 15 million customers. It has operations in the New York State, the Carolinas, Ohio, Kentucky, Wisconsin, Southern California, and Texas. Time Warner Cable Inc. is based in New York, New York. Tag Helper ~ Stock Code: TWC | Common Company name: Time Warner Cable | Full Company name: Time Warner Cable Inc (NYSE:TWC) .
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