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How to Buy Cable One Stock

Cable One Inc

Cable One is a telecom company located in Arizona, United States, which is part of the Communication Services sector, and is traded under the ticker CABO on the NYSE exchange.

Cable One stock last closed at $363.26, up 5.69% from the previous day, and has decreased 43.89% in one year. It has underperformed other stocks in the Telecom Services industry by 0.33 percentage points. Cable One stock is currently +13.99% from its 52-week low of $318.69, and -51.5% from its 52-week high of $749.00.

At the moment, there are 5.62M shares of CABO outstanding. The market cap of CABO is $2.04B. In the past 24 hours, 182,468 CABO shares were traded.

How to Buy Cable One Stock

Wondering how to invest in Cable One stock? Here's how.
  1. Decide where to buy Cable One stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Cable One stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your payment method and add your info.
  4. Analyze Cable One stock: The Cable One ticker symbol is CABO. Is Cable One stock a good investment? Should you buy shares of CABO? How do CABO's underlying business fundamentals look? Do top analysts think Cable One is a good buy? Why has CABO's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CABO is a good stock to buy).
  5. Make your CABO buy order: Decide if you will purchase CABO shares at the current market price or use a limit order to purchase CABO shares at a particular price.
  6. Get the latest news on your CABO investment: Create a watchlist to get live updates on your new investment in Cable One stock.

Step 1: Decide where to buy Cable One stock

You need an online brokerage account in order to access the NYSE market and buy CABO shares.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in CABO today.

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  2. Provide your personal info to start your new brokerage account.
  1. Send your info by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you've finished signing up on a good stock buying app, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of transferring money into your brokerage account.

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Step 4: Analyze Cable One stock

Once you have selected the best place to buy Cable One stock, it's very important to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.

Cable One Numbers

CABO Price
$363.26
1w %
12.85%
1y %
-43.89%
5y %
-70.32%
P/E
7.95x
P/B
1.06x
P/S
1.23x
PEG
N/A
Revenue
$1.66B
Earnings
$257.35M
Fore. Rev. Growth
-2.35%
Fore. Earn. Growth
-6.1%
Market Cap
$2.04B
Next Earnings
Aug 1, 2024
Next Dividend
N/A

Cable One Due Diligence Checks

WallStreetZen was created to help part-time investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on CABO's stock page.

Is CABO stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge CABO's true value.

Using relative valuations ratios:

  • CABO may be undervalued based on its P/E ratio of 7.95x, relative to Telecom Services industry P/E ratio of 18.64x
  • CABO may be undervalued based on its P/B ratio of 1.06x, relative to Telecom Services industry P/B ratio of 1.65x

You can access more valuation research on CABO's stock here.

Is CABO a healthy company?

Positive Health Checks:

  • CABO profit margin has gone up from 7.1% to 15.5% in the past year.
  • There are more short-term assets than short-term liabilities on the CABO balance sheet.

Negative Health Checks:

  • CABO has a relatively high debt to equity ratio of 2.55.
  • There are more long-term liabilities than short-term assets on the CABO balance sheet.
  • Total CABO debt is higher than 5 years ago, relative to shareholder equity.
  • CABO earnings of $510.64M is not enough to cover its interest payments.
  • CABO's operating cash flow of $666.13M allows it to safely service it's debt of $3.59B.

Do analysts think it's a good time to buy CABO stock

Out of 4 Equities analysts who give recommendations on CABO, the consensus analyst rating on CABO is a Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Cable One stock forecast page.

CABO Technicals

SMA10
340.99
SMA20
347.94
SMA50
366.04
SMA100
394.08
SMA200
475.41
MACD
-6.92
MACD Signal
-9.04
MACD Histogram
2.11
RSI
55.33
Stochastic %K
66.27
Stochastic %D
47.89
StochRSI %K
96.27
StochRSI %D
79.2

CABO Earnings

Last year, CABO earnings were $257.35M. In the last 5 year, CABO's earnings have grown by 9.76% per year. This was faster than the Telecom Services industry average of 8.93%.

Last year, CABO revenue was $1.66B. In the last 5 year, CABO's revenue has gone up by 8.88% per year. This was faster than the Telecom Services industry average of 3.41%.

You can research CABO's earnings and revenue performance here.

Are CABO insiders buying or selling the stock?

In the last year, insiders at CABO have sold more shares than they have bought.

Margaret Masoner Detz, Chief People Officer of CABO, was the latest CABO insider to sell. They sold $28,852.46 worth of CABO stock on Jul 1, 2024.

Research more about who owns CABO stock here.

Can I get consistent income from CABO stock?

Cable One pays a dividend of 3.25%, compared to the Telecom Services industry's average dividend yield of 4.43%. If you owned $1,000 of CABO stock, you would have received $32.48 in the past 12 months.

Cable One dividend payments have consistently grown over the past 9 years and have remained stable.

Dig into more info about Cable One dividend yield and history here.

CABO Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your CABO buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Get the latest news on your CABO investment

Now that you own some shares in CABO, you'll want to stay up-to-date on your company.

Make a watchlist to see the latest developments about your CABO stock.

CABO Feed

How to Buy Stock in Cable One

To reiterate, here are the 6 steps you need to take to buy Cable One stock right now:

  1. Decide where to buy Cable One stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Analyze Cable One stock
  5. Make your CABO buy order
  6. Get the latest news on your CABO investment

If you require a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your investment in Cable One, click the button below.

NYSE: CABO
$363.26+19.57 (+5.69%)
Updated Jul 16, 2024
Open eToro Account
NYSE: CABO
$363.26+19.57 (+5.69%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Cable One share?

As of Jul 16, 2024, it costs $363.26 to buy one share of Cable One stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.275 shares of CABO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Cable One stock?

According to 4 Wall Street analysts who monitor Cable One, their consensus recommendation is to buy Cable One stock.

What is the best way to buy Cable One stock?

One way to place an order for Cable One stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.