This is such a good company, and they have been improving all of their margins and cashflow throughtout 2010. Think of them as the Comcast of the midwest. The stock price is going to soar when they beat earnings. This stock is a Buy Buy Buy! It also doesn't hurt that Cramer is a huge backer of the company. It is his favorite telecom. The CEO Jeff Gardner is a great leader for this company. Buy now before it's too late. This stock will be at 14 by the end of the week. I am an analyst for a private equity group. and have done extensive research.
If we use the expected earnings of $0.20 and assign a PE of 20 we get a PPS of $16.00. A PE of 19 would give us $15.20. With a small premium for the generous dividend and the near date for ex dividend ( March 28) I think $17 is not too large a stretch by mid March. My brother is a new trader. I told him to get as many shares of Windstream as he could before March 27. Which I think is the must own date.
I've owned WIN stock for over 4 years now, and this results are about in line with what I've seen in that time. The stock will take a hit today, but will recover all of that and then some leading up to div date.