Added to YB: 2025-11-11
Pitch date: 2025-11-06
CABO [neutral]
Cable One, Inc.
-64.28%
current return
Author Info
Lone Elm Capital looks for undervalued securities, and generally am long-only. The situations usually take a while to develop, and winners may take 1-3 years to play out. Losers become apparent much more quickly. In a good year, I might find a couple good situations (and several bad ones). I tend to buy mid-to-high single digit positions, scaling in as I gain conviction. Sign up for the newsletter.
Company Info
Cable One, Inc., together with its subsidiaries, provides data, video, and voice services to residential and business customers in the United States.
Market Cap
$296.5M
Pitch Price
$133.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.15
P/E
-0.91
EV/Sales
2.20
Sector
Media
Category
turnaround
Cable One Q3 Earnings
CABO (earnings): Q3 FCF $63.8M beat $60M target; $123M equity sales (Metronet/Ziply) exceeded $100M guidance, used for debt paydown reducing 2028 refinancing need to $1.6B. Revenue $376M as predicted but concerning 4.7% data PSU decline vs 2% avg, suggesting accelerating competition despite post-ACP period.
Read full article (2 min)