Shares of Zayo Group Holdings, Inc. (NYSE:ZAYO) recorded 2.51% gain during trading session on March 21st, 2019. The script traded as low as $27.83 and last traded at $28.60. 3.91 million shares changed exchanged hands during trading, an increase of 26.16% from the 30-day average session volume of 5.30M shares. The firm had previously closed at $27.90. The company has $237.91M outstanding shares, a price-to-earnings ratio of 65.45, price-to-earnings-growth ratio of 2.63and a beta of 0.88. The company has a RSI of 63.25, ATR of 0.75 and a volatility of 2.34% this week. ZAYO has a 52 week low price of $20.27 and a 52 week high price of $39.66.

Investors have identified the tech company Zayo Group Holdings, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 6.80B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Zayo Group Holdings, Inc. (ZAYO) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ZAYO, the company has in raw cash 176.4 million on their books with 167.3 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 0 total, with 200000 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.

ZAYO were able to record 87.7 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 83.7 million. In cash movements, the company had a total of 472.4 million as operating cash flow.

Potential earnings growth for Zayo Group Holdings, Inc. (ZAYO)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Zayo Group Holdings, Inc. recorded a total of 639.1 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -0.02% coming in sequential stages and their sales for the third quarter reducing by -0.00%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 222 million trying to sell their products during the last quarter, with the result yielding a gross income of 417.1 million. This allows shareholders to hold on to 237.91M with the revenue now reading 130 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.17 cents a share).

Is the stock of ZAYO attractive?

Having a look at the company’s valuation, the company is expected to record 0.72 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ZAYO sounds very interesting.

In related news, CFO Steinfort Matt sold 6,142 shares of the company’s stock in a transaction that recorded on January 3rd, 2019. The sale was performed at an average price of 24.16, for a total value of 148,391. As the sale deal closes, the CIO Steinfort Matt now sold 4,454 shares of the company’s stock, valued at 107,609. Also, Chief Technology Officer Waters John F Jr. sold 5,548 shares of the company’s stock in a deal that was recorded on January 3rd, 2019. The shares were sold at an average price of 24.16 per share, with a total market value of 87,309. Following this completion of acquisition, the CEO now holds 337,079 shares of the company’s stock, valued at 10,001,134. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.

6 out of 18 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Zayo Group Holdings, Inc. stock. 0 analysts has assigned a Sell rating on the ZAYO stock. The 12-month mean consensus price target for the company’s shares has been set at $34.60.