Company Update (NYSE:TWC): Time Warner Cable Delivers Its Best Full-Year Residential Subscriber Growth Ever

[Business Wire] – Time Warner Cable Inc. today announced that its full-year residential subscriber growth in 2015 was its best ever, highlighted by: Read more on this. Time Warner Cable Inc. (TWC) , with a current market cap of $51.69B, opened this morning at $183.63. Looking at today’s market, TWC one day range is $181.05 to $184.77 and has traded between $134.21 and $194.22 over the past 12 months. Priced at 28.21x this year’s forecasted earnings, TWC shares are relatively expensive compared to the industry’s 1.47x forward p/e ratio. And for passive income investors, the company pays shareholders $3.00 per share annually in dividends, yielding 1.60%. According to a consensus of 20 analysts, the earnings estimate of $1.79 per share would be $0.24 worse than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $6.58 would be a $0.98 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.05 Billion. If reported, that would be a 4.49% 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. Given all the information above, we should disclose to readers that the average price target is $203.00, which is 10.55% above than it opened this morning. See more in (NYSE:TWC) Similar Articles: 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 Company Update: Time Warner Cable Inc (NYSE:TWC) – Time Warner Cable targets closing Charter deal by year end