|Bid||33.06 x 4000|
|Ask||33.07 x 1400|
|Day's Range||33.00 - 33.10|
|52 Week Range||20.27 - 39.66|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||62.24|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Zayo's (ZAYO) diverse fiber network solution will allow the leading news broadcaster to distribute data and video to its bureaus based in the United States and in Europe.
Zayo Group Holdings Inc NYSE:ZAYOView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for ZAYO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ZAYO. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding ZAYO are favorable, with net inflows of $5.01 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
CEO of Zayo Group Holdings Inc (NYSE:ZAYO) Daniel Caruso sold 432,200 shares of ZAYO on 06/13/2019 at an average price of $32.65 a share.
The acquisition of Cheddar perfectly complements Altice's (ATUS) hyperlocal and global news offerings, while Ciena's (CIEN) second-quarter fiscal 2019 earnings improve year over year.
CEO of Zayo Group Holdings Inc (NYSE:ZAYO) Daniel Caruso sold 294,436 shares of ZAYO on 06/11/2019 at an average price of $32.75 a share.
The network expansion will add about 300 new route miles for Zayo Group Holdings (ZAYO) in the Youngstown and Akron area, and complement its existing networks.
CEO of Zayo Group Holdings Inc (NYSE:ZAYO) Daniel Caruso sold 655,585 shares of ZAYO on 06/06/2019 at an average price of $32.76 a share.
Zayo Group (ZAYO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
Despite year-over-year decline in revenues, Zayo's (ZAYO) net income in the fiscal third quarter increases on the back of lower operating expenses.
CenturyLink (NYSE: CTL) leaders told analysts and investors Wednesday that it will undergo a strategic review of its consumer assets and has brought on advisers to do so. CEO Jeff Storey said on the company’s Q1 earnings conference call that it is in the early days of a lengthy process and he’s not sure if any transactions will come from the evaluation, but the goal is to maximize shareholder value. The company — which is based in Monroe, Louisiana but has much of its operations in Colorado following its acquisition of Level 3 — was not able to specify if that evaluation would lead them to selling off any of their business lines, but that it would, among other things, consider selling off things like data centers that could grow shareholder value.
Stocks that moved substantially or traded heavily on Wednesday: Zayo Group Holdings Inc., up $2.38 to $33 The fiber optic infrastructure company said it is being bought by Digital Colony and EQT for $14.3 ...
The stock market gave up modest gains late Wednesday and closed mainly lower, but leading stocks outperformed the major indexes.
Moody's Investors Service (Moody's) stated today that Zayo Group, LLC (Zayo) announced that it had signed a definitive merger agreement to be acquired by affiliates of Colony Partners (Digital Colony) and the EQT Infrastructure IV Fund (EQT). Management, Digital Colony and EQT have not disclosed material considerations such as sources of financing, the company's post-merger capitalization and organizational structure. As such, Zayo's B2 corporate family rating (CFR) and stable outlook are unaffected at this time.
The deal value of $35 per share is at a premium of 14.3 percent to Zayo's closing price on Tuesday. The deal is valued at more than $14 billion, including Zayo's $5.9 billion debt. The company, which went public in 2014, has been under pressure from activist hedge funds like Starboard Value LP, which in March urged Zayo to consider a sale after taking a 4 percent stake in the company.