How to Buy Consolidated Communications Holdings Stock
Consolidated Communications Holdings Inc
Consolidated Communications Holdings, Inc. , together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States.
Consolidated Communications Holdings stock last closed at $2.49, down 1.19% from the previous day, and has decreased 55.05% in one year. It has underperformed other stocks in the Telecom Services industry by 0.16 percentage points. Consolidated Communications Holdings stock is currently +3.97% from its 52-week low of $2.40, and -70.67% from its 52-week high of $8.49.
At the moment, there are 114.68M shares of CNSL outstanding. The market capitalization of CNSL is $285.55M. In the last 24 hours, 2.11M CNSL shares were traded.
How to Buy Consolidated Communications Holdings Stock
Wondering how to invest in Consolidated Communications Holdings stock? Here's how.
- Decide where to buy Consolidated Communications Holdings stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Consolidated Communications Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Evaluate Consolidated Communications Holdings stock: The Consolidated Communications Holdings ticker symbol is CNSL. Is Consolidated Communications Holdings stock a good investment? Should you buy shares of CNSL? How do CNSL's underlying business fundamentals look? Do top analysts think Consolidated Communications Holdings is a good buy? Why has CNSL's stock price moved recently? (Hint: Our stock research website can help you understand if CNSL is a good stock to buy).
- Make your CNSL trade: Decide if you will purchase CNSL shares at the current market price or use a limit order to purchase CNSL stock at a specific price.
- Get key alerts regarding your CNSL position: Create a watchlist to keep tabs on your investment in Consolidated Communications Holdings shares.
Step 1: Decide where to buy Consolidated Communications Holdings stock
You need a brokerage account to access the NASDAQ market and buy CNSL stock.
Our recommended brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in CNSL stock today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Provide your personal data to create your new trading account.
- Submit your details by hitting the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you have filled out your info on apps for stocks, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Consolidated Communications Holdings stock
Once you have selected the best place to buy Consolidated Communications Holdings stock, it's crucial to analyze their stock before you invest, so you can understand the risk and opportunity.
Overview of key CNSL info
CNSL Fundamentals
WallStreetZen was designed to help part-time investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on CNSL's stock page.
How is CNSL stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CNSL's fair value.
Using relative valuations measures:
- CNSL may be undervalued based on its P/E ratio of 2.86x, relative to Telecom Services industry P/E ratio of 99.05x
- CNSL may be undervalued based on its P/B ratio of 0.4x, relative to Telecom Services industry P/B ratio of 1.66x
You can access additional valuation analysis on CNSL's stock here.
A look at CNSL Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- CNSL has cash burn of 373353000. It has sufficient cash and short-term investments to cover this for at least one year.
- Total CNSL debt is lower than 5 years ago, relative to shareholder equity.
- CNSL profit margin has gone up from -8.6% to 8.4% in the past year.
- There are more short-term assets than short-term liabilities on the CNSL balance sheet.
- CNSL has $413.80M in cash and short term investments. This is sufficient to cover its annual cash burn of $373.35M.
Failed Financial Due Diligence Checks:
- CNSL has a relatively high debt to equity ratio of 3.97.
- There are more long-term liabilities than short-term assets on the CNSL balance sheet.
Is it a good time to buy CNSL stock, according to analysts?
Out of 2 Wall Street analysts who track CNSL, the consensus analyst rating on CNSL is a Sell
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent CNSL Analyst Ratings
Michael Rollins, a top 18% analyst from Citigroup maintains CNSL with a strong sell rating and lowers their CNSL price target from $4.00 to $2.50, on Mar 2, 2023.
Jennifer Fritzsche, a top 16% analyst from Wells Fargo maintains CNSL with a hold rating and raises their CNSL price target from $6.00 to $7.00, on Aug 4, 2022.
You can dive deeper into what analysts are projecting on the Consolidated Communications Holdings stock forecast page.
CNSL Momentum
CNSL Performance Numbers
Last year, CNSL earnings were $99.98M. Over the past five year, CNSL's earnings have increased by -4.05% per year. This was slower than the Telecom Services industry average of -1.12%.
Last year, CNSL revenue was $1.19B. In the last five year, CNSL's revenue has grown by 2.37% per year. This was faster than the Telecom Services industry average of -3.44%.
Dive into CNSL's earnings and revenue performance here.
What are CNSL insiders up to?
In the last 12 months, insiders at CNSL have sold more shares than they have bought.
C. Robert Udell Jr., President CEO of CNSL, was the latest CNSL insider to sell. They sold $229,653.50 worth of CNSL stock on Jan 19, 2023.
Dig into more about who owns CNSL shares here.
Can I get consistent income from CNSL stock?
No, Consolidated Communications Holdings doesn't provide an income stream by paying out dividends.
CNSL Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your CNSL trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, place a limit order.
Press the Open button and eToro will place your order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your CNSL position
Now that you own some CNSL stock, you'll want to keep up with your new shares.
Create a watchlist to keep tabs on your CNSL stock.
CNSL Feed
How to Buy Stock in Consolidated Communications Holdings
To summarize, here are the 6 steps to buy Consolidated Communications Holdings stock:
- Decide where to buy Consolidated Communications Holdings stock
- Open your brokerage account
- Deposit money your brokerage account
- Evaluate Consolidated Communications Holdings stock
- Make your CNSL trade
- Get key alerts regarding your CNSL position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Consolidated Communications Holdings, create a watchlist on WallStreetZen today.
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