The Positive Press Coverage Somewhat Likely to Affect Lumos Networks Corp (LMOS) Share Price

The Positive Press Coverage Somewhat Likely to Affect Lumos Networks Corp (LMOS) Share Price

Several research firms have recently commented on LMOS. Zacks Investment Research lowered Lumos Networks Corp from a “hold” rating to a “sell” rating in a research report on Friday. Drexel Hamilton lowered Lumos Networks Corp from a “buy” rating to a “hold” rating and set a $18.00 price target for the company. in a research report on Tuesday, February 21st. Jefferies Group LLC lowered Lumos Networks Corp from a “buy” rating to a “hold” rating and set a $18.00 price target for the company. in a research report on Tuesday, February 21st. William Blair lowered Lumos Networks Corp from an “outperform” rating to a “market perform” rating in a research report on Tuesday, February 21st. Finally, BTIG Research boosted their price target on Lumos Networks Corp from $17.50 to $21.00 and gave the stock a “buy” rating in a research report on Monday, February 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $19.25.

News articles about Lumos Networks Corp (NASDAQ:LMOS) have trended positive recently, AlphaOne Sentiment reports. The research firm, a unit of Accern, ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lumos Networks Corp earned a media sentiment score of 0.44 on AlphaOne’s scale. AlphaOne also gave news coverage about the utilities provider an impact score of 50 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the company’s share price in the near future.

Lumos Networks Corp (LMOS) opened at 17.90 on Monday. Lumos Networks Corp has a 12 month low of $10.67 and a 12 month high of $17.99. The company’s 50-day moving average price is $17.86 and its 200 day moving average price is $16.63. The firm’s market capitalization is $428.60 million. Lumos Networks Corp (NASDAQ:LMOS) last announced its quarterly earnings results on Monday, May 8th. The utilities provider reported ($0.24) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.38. The business had revenue of $54.92 million for the quarter, compared to analysts’ expectations of $53.06 million. Lumos Networks Corp had a return on equity of 1.33% and a net margin of 0.99%. Analysts predict that Lumos Networks Corp will post ($0.23) EPS for the current year.

About Lumos Networks Corp Lumos Networks Corp. is a fiber-based bandwidth infrastructure and service provider in the Mid-Atlantic region with a network of long-haul fiber, metro Ethernet and Ethernet rings located primarily in Virginia and West Virginia, and portions of Maryland, Pennsylvania, Ohio and Kentucky. The Company serves carrier, business and residential customers over its fiber network offering data, voice and Internet protocol (IP) services.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:LMOS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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