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Market Update (NYSE:TWC): Imagination Foundation Launches 2016 Earth Day Cardboard Challenge in Collaboration with Time Warner Cable

[Business Wire] – Today, Imagination Foundation and Time Warner Cable announced the launch of the 2016 Earth Day Cardboard Challenge. This Challenge provides an opportunity for children of all ages and the adults who support them to create novel, imaginative and sustainable solutions out of cardboard and other recycled materials. Read more on this. Time Warner Cable Inc. (TWC) , currently valued at $58.09B, opened this morning at $205.21. A quick look at the market, the company’s stock traded between $204.17 and $205.21 with a trailing 52-week range being $145.44 to $206.66. TWC shares are currently priced at 27.54x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.94x earnings multiple. The company pays shareholders $3.00 per share annually in dividends, yielding 1.46%. In a review of the consensus earnings estimate this quarter, 17 sell-side analysts are looking at $1.77 per share, which would be $0.12 better than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $7.48, which would be a $0.86 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.14 Billion. If realized, that would be a 6.23% increase over the year-ago quarter. In terms of ratings, Sun Trust Rbsn Humphrey Initiated TWC at Neutral (Nov 11, 2015). Previously, Buckingham Research downgraded TWC from Buy to Neutral. The average price target for TWC shares by the analysts covering the stock is $205.59, which is 0.19% above where the stock opened this morning. See more in (NYSE:TWC) Similar Articles: Market Update: Time Warner Cable Inc (NYSE:TWC) – National Gay & Lesbian Chamber of Commerce Welcomes Time Warner Cable as New National Corporate Partner Stock Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Reports 2015 Fourth-Quarter and Full-Year Results Market Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable Business Class Offers Ethernet Customers Connectivity to Public Clouds Through the Equinix Cloud Exchange
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