|Bid||0.00 x 1200|
|Ask||34.39 x 3000|
|Day's Range||34.31 - 34.35|
|52 Week Range||20.27 - 34.35|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||56.11|
|Earnings Date||Feb 5, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.45|
Zayo Group Holdings, Inc. (ZAYO) was selected by Mid-Atlantic Crossroads (MAX) to provide data center colocation in zColo’s Ashburn facility and fiber connectivity to support MAX’s network services to its academic, research, government, scientific and business communities. MAX is a center at the University of Maryland (UMD) that operates a regional advanced cyberinfrastructure platform.
(Bloomberg) -- Zayo Group Holdings Inc., the fiber network owner that Digital Colony Partners and EQT Partners agreed to acquire in May, is seeking a buyer for its colocation arm, according to people familiar with the matter.The business, Zayo Colocation, or zColo, could fetch about $1 billion in a sale, said one of the people, who asked to not be identified because the matter isn’t public. Zayo is working with an adviser to solicit interest from prospective suitors, which include infrastructure funds, they said.Representatives for Zayo, EQT and Digital Colony declined to comment.zColo, with 51 facilities, provides data center and cloud infrastructure services to enterprise, carrier and content customers, according to Zayo’s website. The segment generated $113 million in adjusted earnings before interest, taxes depreciation and amortization during the 12 months ended Sept. 30, according to data compiled by Bloomberg.It could sell for about 10 times annual Ebitda, the people said.Interest from investors in data centers has been climbing, partly due to the perception the sector is both a defensive and growing part of the real assets universe. Data center real estate investment trust Digital Realty Trust Inc. last month agreed to buy Interxion Holding NV for roughly $7.15 billion.To contact the reporters on this story: Gillian Tan in New York at firstname.lastname@example.org;Nabila Ahmed in New York at email@example.comTo contact the editors responsible for this story: Alan Goldstein at firstname.lastname@example.org, ;Liana Baker at email@example.com, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Qualcomm's (QCOM) fourth-quarter fiscal 2019 and CenturyLink's (CTL) third-quarter 2019 revenues surpass the Zacks Consensus Estimate despite declining year over year.
Zayo Group Holdings, Inc. (ZAYO) was presented with the University of Colorado (CU) Boulder Leeds School of Business Corporate Partner Service Award at the Distinguished Alumni and Service Awards Ceremony on Friday, November 8. The CU Corporate Partner Service Award recognizes sustained commitment, support and exceptional service to the Leeds School of Business, the University of Colorado Boulder and the community.
Zayo Group Holdings, Inc. (ZAYO) Co-Founder, Chief Customer Experience and Information Officer Sandi Mays was presented with the Colorado Technology Association (CTA) APEX Award for CIO of the Year. The APEX Awards recognize Colorado’s technology excellence, highlighting remarkable leaders and innovators. Since 2001, CTA has hosted this prestigious event to bring together the community and celebrate the exceptional people, companies and accomplishments of the year.
Zayo Group (ZAYO) delivered earnings and revenue surprises of -55.56% and -1.31%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
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Approximately US$6bn in acquisition financing for fiber optic cable company Zayo Group could hit the leveraged finance market before the end of this year, a move that will test an investor base that has grown hesitant over single-B credits exposed to a cooling US economy. Zayo, which will use the funds to support its take-private buyout by investment firms Digital Colony Partners and EQT, is expected to raise the lion’s share of the US$6bn from the institutional term loan market with B2- or B3-rated leveraged loans, according to five sources familiar with the transaction. Collateralized Loan Obligations (CLOs), the biggest buyers of leveraged loans, have limited baskets for single-B rated (B1/B+, B2/B and B3/B-) debt, but Zayo’s potential transaction is considered a “must-own” that can serve as a shock-absorbing credit capable of performing in a downturn, the sources said.
Zayo Group (ZAYO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zayo Group Holdings, Inc. will release its first quarter fiscal year 2020 earnings results for the quarter ended September 30, 2019 on Wednesday, November 6, 2019 after market close.
Zayo Group Holdings announces that it has signed a deal for the largest amount of capacity sold on any route in a single deal in the company’s history. The deal will provide the customer with approximately 5 terabits of capacity to connect key data centers.
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Zayo Group Holdings Inc (NYSE:ZAYO). Is Zayo Group Holdings Inc […]
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Zayo Group (ZAYO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
CEO of Zayo Group Holdings Inc (30-Year Financial, Insider Trades) Daniel Caruso (insider trades) sold 1,000,000 shares of ZAYO on 09/11/2019 at an average price of $33.78 a share. Continue reading...