Is Cable One Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: CABO) stock is to Hold CABO stock.
Out of 3 analysts, 1 (33.33%) are recommending CABO as a Strong Buy, 1 (33.33%) are recommending CABO as a Buy, 0 (0%) are recommending CABO as a Hold, 0 (0%) are recommending CABO as a Sell, and 1 (33.33%) are recommending CABO as a Strong Sell.
What is CABO's forecast return on equity (ROE) for 2023-2024?
(NYSE: CABO) forecast ROE is 22.15%, which is considered strong.
What is CABO's Price Target?
According to 3 Wall Street analysts that have issued a 1 year CABO price target, the average CABO price target is $890.00, with the highest CABO stock price forecast at $1,175.00 and the lowest CABO stock price forecast at $670.00.
On average, Wall Street analysts predict that Cable One's share price could reach $890.00 by Aug 4, 2024. The average Cable One stock price prediction forecasts a potential upside of 46.36% from the current CABO share price of $608.08.
What is CABO's forecast return on assets (ROA) for 2023-2024?
(NYSE: CABO) forecast ROA is 5.69%, which is lower than the forecast US Telecom Services industry average of 8.04%.
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