RECOMMENDATION We rate WINDSTREAM CORP (WIN) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, generally weak debt management, weak operating cash flow and generally disappointing historical performance in the stock itself.
Their opinion was formulated on Oct. 28, 2008 when the whole market was in free fall and has not been reaffirmed since. Seems like they were just describing the flames of a burning fire it would be nice to know what they think now.
That is correct from a reported profit perspective. But you have to look at their coverage ratio in regards to free cash flow.....I can't remember where I saw it but I think the CEO claims this recent purchase will actually increase the ratio coverage for the dividend but I'm personally doubtful.
That said I bought a ton at 8.16 last week. I thought that we'd see an upturn this week with some good earnings - but someone forgot to tell WIN that the market is up 3% today!! Only Red on my board.