$0.09 EPS Expected for Zayo Group Holdings, Inc. (ZAYO)

August 12, 2018 - By Theresa Judd

Zayo Group Holdings, Inc. (NYSE:ZAYO) LogoInvestors sentiment decreased to 1.21 in Q1 2018. Its down 0.11, from 1.32 in 2017Q4. It dived, as 31 investors sold Zayo Group Holdings, Inc. shares while 86 reduced holdings. 46 funds opened positions while 96 raised stakes. 209.81 million shares or 1.10% more from 207.53 million shares in 2017Q4 were reported.
Wells Fargo Mn holds 919,976 shares. Qs Investors Limited Com accumulated 19,318 shares. 28,280 are held by Jacobs Levy Equity Mgmt. California Public Employees Retirement Systems holds 387,966 shares. Schwab Charles Mngmt Inc accumulated 0.02% or 741,954 shares. 32,900 were reported by Caisse De Depot Et Placement Du Quebec. 5.70 million were accumulated by Sachem Head Capital Mgmt L P. Cadence Capital Ltd Llc holds 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO) or 6,745 shares. Shell Asset has invested 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Archer Mngmt L P holds 294,500 shares. Miller Howard Invests Ny stated it has 0.04% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Carmignac Gestion has invested 1.14% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Appleton Prtnrs Ma holds 37,460 shares. Lord Abbett Limited Com reported 1.50 million shares. Meiji Yasuda Life Insurance stated it has 0.06% in Zayo Group Holdings, Inc. (NYSE:ZAYO).

Since February 20, 2018, it had 0 insider purchases, and 22 selling transactions for $204.80 million activity. Caruso Daniel had sold 133,888 shares worth $4.82 million. On Wednesday, June 6 the insider Rottenberg Linda sold $178,000. 1,730 Zayo Group Holdings, Inc. (NYSE:ZAYO) shares with value of $64,546 were sold by Steinfort Matt. Shares for $41,001 were sold by Connor Richard W.. $21,182 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by Richardson Nina on Saturday, March 31. On Monday, March 12 GTCR FUND X/A LP sold $173.21 million worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) or 4.68 million shares.

Analysts expect Zayo Group Holdings, Inc. (NYSE:ZAYO) to report $0.09 EPS on August, 22 after the close.They anticipate $0.04 EPS change or 30.77 % from last quarter’s $0.13 EPS. ZAYO’s profit would be $22.37M giving it 104.72 P/E if the $0.09 EPS is correct. After having $0.09 EPS previously, Zayo Group Holdings, Inc.’s analysts see 0.00 % EPS growth. The stock decreased 0.13% or $0.05 during the last trading session, reaching $37.7. About 2.73 million shares traded or 15.00% up from the average. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 8.61% since August 13, 2017 and is uptrending. It has underperformed by 3.96% the S&P500.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Ratings Coverage

Among 4 analysts covering Zayo Group Holdings (NYSE:ZAYO), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Zayo Group Holdings had 4 analyst reports since April 13, 2018 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Wednesday, April 18. As per Friday, April 13, the company rating was upgraded by Raymond James. Cowen & Co maintained the stock with “Buy” rating in Friday, May 4 report.

Zayo Group Holdings, Inc., through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the United States, Canada, and Europe. The company has market cap of $9.37 billion. The firm operates in six divisions: Fiber Solutions, Transport, Enterprise Networks, Zayo Colocation , Allstream, and Other. It has a 117.81 P/E ratio. The Fiber Solutions segment provides dark fiber, and fiber-to-the-tower and small cell mobile infrastructure services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Businesswire.com which released: “Zayo Chairman and CEO Dan Caruso to Deliver Keynote Presentation at Cowen Communications Infrastructure Summit” on August 01, 2018, also Businesswire.com with their article: “Cloud Provider Selects Zayo for Colocation and Connectivity” published on July 20, 2018, Businesswire.com published: “Zayo to Host Fourth Quarter Fiscal Year 2018 Conference Call August 22, 2018” on July 23, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Businesswire.com and their article: “Zayo Completes Los Angeles to Dallas Long Haul Fiber Route” published on August 09, 2018 as well as Businesswire.com‘s news article titled: “Zayo Expands Relationship with Global Cloud Provider” with publication date: July 27, 2018.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Institutional Positions Chart

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