Analysts have lowered their price target for Cable One from $202.50 to $162.25, citing a substantial shift in projected profit margins and expected future valuation multiples as key reasons for the revision.
What's in the News
- Sparklight, a Cable One brand, has launched TechAssist, an on-demand service to help customers with setup and troubleshooting of connected devices (Key Developments).
- TechAssist offers three plan levels, starting at $10 per month. These plans provide live support for connectivity issues and include options for repairs and replacements on home entertainment, computers, and smart home devices (Key Developments).
- The top-tier TechAssist Complete plan includes accidental damage protection for portable electronics such as tablets and wearables (Key Developments).
- All TechAssist plans grant access to U.S.-based experts seven days a week, and unlimited support requests are allowed (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has decreased notably from $202.50 to $162.25.
- Discount Rate remains unchanged at 12.5%.
- Revenue Growth projection is essentially stable, with a slight negative rate near -3.55%.
- Net Profit Margin has fallen significantly from 43.07% to 8.65%.
- Future P/E ratio has increased substantially from 2.45x to 9.76x.
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