Shenandoah Telecom (SHEN)

• Market cap: $683M
• 1 day: -1.65%
• 5 days: -5.02%
• 1 month: 0.32%
• 3 months: -19.82%
• 6 months: -20.74%
• Year to date: -41.72%
• 1 year: -40.19%
• 5 years: -68.73%
• 10 years: -20.08%
• Sector: Communication Services
• Industry: Telephone Communications, Except Radiotelephone

About: Shenandoah Telecommunications Company, with its subsidiaries, provides various broadband communication products and services via its wireless, cable, fiber optic, and fixed wireless networks to customers in the Mid-Atlantic United States. The company operates through two business units: tower and broadband. The tower segment leases company-owned cell tower spaces to other wireless communication providers, while the broadband segment provides broadband Internet, video, and voice services to residential and commercial customers. The broadband segment generates the vast majority of the company's revenue, with the bulk of sales flowing from residential and small, and medium businesses within the broadband unit.

Employees: 845

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

79% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 14

52% more call options, than puts

Call options by funds: $38K | Put options by funds: $25K

8% more funds holding

Funds holding: 143 [Q2] → 154 (+11) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

0.64% less ownership

Funds ownership: 66.0% [Q2] → 65.36% (-0.64%) [Q3]

14% less capital invested

Capital invested by funds: $588M [Q2] → $503M (-$84.9M) [Q3]

35% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 65

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $26 108% upside
• Avg. target: $26 108% upside
• High target: $26 108% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

BWS Financial Hamed Khorsand 69% 1-year accuracy 112 / 162 met price target

108% upside $26

Buy Maintained

13 Nov 2024