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Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Media Rolls out KernelConnect across Its Entire Footprint, Allowing Clients to Fully Quantify and Optimize the Effectiveness of Campaigns

[Business Wire] – Time Warner Cable Media , the advertising sales arm of Time Warner Cable, today announced the completion of its enterprise-wide rollout of KernelConnect, the first state-of-the-art campaign performance measurement tool that integrates anonymous aggregated linear TV data as well as digital advertising and third party data. Read more on this. Time Warner Cable Inc. (TWC) , with a current value of $52.41B, opened at $179.95. During today’s session, TWC traded between $179.28 to $185.25 with a one year range of $145.44 to $194.22. TWC shares are currently priced at 23.91x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 1.27x earnings multiple. And for income investors, the company pays shareholders $3.00 per share annually in dividends, yielding 1.62%. Consensus earnings for the current quarter by the 14 sell-side analysts covering the stock is an estimate of $1.78 per share, which would be $0.13 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $7.50 which would be a $0.88 better than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.14 Billion. If reported, that would be a 6.23% increase over the year-ago quarter. Recently, Sun Trust Rbsn Humphrey Initiated TWC at Neutral (Nov 11, 2015). Previously, Buckingham Research downgraded TWC from Buy to Neutral. With the above information in mind, readers should note that the average price target is $199.89, which is 11.08% above where the stock opened this morning. See more in (NYSE:TWC) Similar Articles: Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Reports 2015 Fourth-Quarter and Full-Year Results Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable IntelligentHome Now Offering 24/7 Playback for Enhanced Security Video Monitoring Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable to Report 2015 Third-Quarter Results
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