Growth Slowdown, But Still Better Than Its Peers: Zayo Group Holdings, Inc. (ZAYO)

Wall Street analysts will be watching closely when Zayo Group Holdings, Inc. (NYSE:ZAYO) reports its quarterly earnings next, which is scheduled for Thu 9 May (In 23 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.17 per share. In the preceding quarter, the company reportedly generated EPS of $0.13 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 19.10%, a profit margin of 4.60% and a gross margin of 64.30%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Zayo Group Holdings, Inc. (NYSE:ZAYO). Most recently, on January 23rd, 2019, Craig Hallum Initiated a Buy rating. Before that, on November 28th, 2018, JP Morgan Upgrade to Overweight. UBS Downgrade a Neutral rating on November 8th, 2018, MoffettNathanson Upgrade an Buy rating on October 15th, 2018, and Jefferies Initiated a Buy rating on September 4th, 2018.

At its current price point, combined with the fact that this company has 235.76M shares outstanding, the current market capitalization sits at 7.53B. In the last trading day, 3,493,884 shares of Zayo Group Holdings, Inc. were traded, which compares to its usual volume of about 5.41M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $2.50 in the past five trading days, resulting in a percentage change of +8.49% and a moving average of 31.27. In the past 20 days, its price changed by $4.04 (which is +14.48%) and the stock’s moving average was 29.32. Looking back a full 50 days, shares of ZAYO changed by $4.78 (which is +17.59%) and demonstrated a moving average of 27.56.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 83.33%, a 14-day Stochastic %K score of 84.58% and a 20-day Stochastic %K score of 85.40%. Using a similar metric, Zayo Group Holdings, Inc. (ZAYO) shares showed a Stochastic %D of 80.21% over the past 9 days, a Stochastic %D score of 80.77% over the last 14 days, and a 20-day Stochastic %D of 81.76%. Meanwhile, this stock’s MACD Oscillator was 1.02 over the past 9 days, 1.74 over the past two weeks, and 2.17 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $31.95 level. Over the past 12 months, this stock has experienced a high price of $39.66 and a low of $20.27. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Dodge Cox purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Zayo Group Holdings, Inc. (NYSE:ZAYO) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 28,388,472 shares of the company’s stock following the addition of 2,856,687 to this investor’s holdings during the three-month period. This share count represents that Dodge Cox now held 12.09% stake in Zayo Group Holdings, Inc. (ZAYO)’s shares.

Just in the most recent trading day, Zayo Group Holdings, Inc. (NYSE:ZAYO) experienced a high price of $32.04 and low point of $31.50. At the end of the last trading session, this stock was at 31.95 per share, following a loss of -$31.67, or 0.88% during the full day.