Trade-Ideas LLC identified

Shenandoah Telecommunications

(

SHEN

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Shenandoah Telecommunications as such a stock due to the following factors:

  • SHEN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $14.4 million.
  • SHEN has traded 7,554 shares today.
  • SHEN is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in SHEN with the Ticky from Trade-Ideas. See the FREE profile for SHEN NOW at Trade-Ideas

More details on SHEN:

Shenandoah Telecommunications Company, through its subsidiaries, provides regulated and unregulated telecommunications services to end-user customers and other telecommunications providers in Virginia, West Virginia, central Pennsylvania, and western Maryland. The stock currently has a dividend yield of 0.7%. SHEN has a PE ratio of 4. Currently there are 3 analysts that rate Shenandoah Telecommunications a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for Shenandoah Telecommunications has been 195,800 shares per day over the past 30 days. Shenandoah Telecommunications has a market cap of $1.8 billion and is part of the technology sector and telecommunications industry. The stock has a beta of 0.82 and a short float of 2.4% with 3.09 days to cover. Shares are up 69.5% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Shenandoah Telecommunications as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 5.8%. Since the same quarter one year prior, revenues slightly increased by 9.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • SHENANDOAH TELECOMMUN CO has improved earnings per share by 33.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, SHENANDOAH TELECOMMUN CO increased its bottom line by earning $0.84 versus $0.70 in the prior year. This year, the market expects an improvement in earnings ($1.04 versus $0.84).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Wireless Telecommunication Services industry. The net income increased by 35.0% when compared to the same quarter one year prior, rising from $10.29 million to $13.88 million.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Wireless Telecommunication Services industry and the overall market, SHENANDOAH TELECOMMUN CO's return on equity significantly exceeds that of the industry average and is above that of the S&P 500.
  • The gross profit margin for SHENANDOAH TELECOMMUN CO is rather high; currently it is at 65.69%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 14.99% is above that of the industry average.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.