A Value Opportunity In Zayo Group Holdings, Inc. (ZAYO), Forum Energy Technologies, Inc. (FET)

0 analysts out of 11 Wall Street brokerage firms rate Zayo Group Holdings, Inc. (NYSE:ZAYO) as a Buy, while 0 see it as a Sell. The rest 11 describe it as a Hold. ZAYO stock traded higher to an intra-day high of $32.71. At one point in session, its potential discontinued and the price was down to lows at $32.57. Analysts have set ZAYO’s consensus price at $34.85, effectively giving it a 6.77% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $35 (up 7.23% from current price levels). ZAYO has a 9.5% ROE, lower than the 18.38% average for the industry. The average ROE for the sector is 15.65%.

It is expected that in Jun 2019 quarter ZAYO will have an EPS of $0.15, suggesting a -16.67% growth. For Sep 2019 is projected at $0.16. It means that there could be a 77.78% growth in the quarter. Yearly earnings are expected to rise by -18.03% to about $0.5. As for the coming year, growth will be about 26%, lifting earnings to $0.63. RSI after the last trading period was 53.41. ZAYO recorded a change of -0.27% over the past week and returned 15.54% over the last three months while the ZAYO stock’s monthly performance revealed a shift in price of -0.64%. The year to date (YTD) performance stands at 42.91%, and the bi-yearly performance specified an activity trend of 29.42% while the shares have moved -10.62% for the past 12 months.

Zayo Group Holdings, Inc. (ZAYO) currently trades at $32.64, which is higher by 0.06% its previous price. It has a total of 235.95 million outstanding shares, with an ATR of around 0.27. The company’s stock volume dropped to 3.25 million, worse than 6.1 million that represents its 50-day average. A 5-day decrease of about -0.27% in its price means ZAYO is now 42.91% higher on year-to-date. The shares have surrendered $43425.36 since its $39.66 52-week high price recorded on 12th of July 2018. Overall, it has seen a growth rate of -10.62 over the last 12 months. The current price per share is $12.37 above the 52 week low of $20.27 set on 24th of December 2018.

Zayo Group Holdings, Inc. (NYSE:ZAYO)’s EPS was $0.15 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $0.09. That means that its growth in general now stands at 67%. Therefore, a prediction of $0.17 given by the analysts brought a negative surprise of -12%. ZAYO March quarter revenue was $647.2 million, compared to $649.4 million recorded in same quarter last year, giving it a 0% growth rate. The company’s $-2.2 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Forum Energy Technologies, Inc. (NYSE:FET) shares appreciated 3.25% over the last trading period, taking overall 5-day performance up to -5.42%. FET’s price now at $3.49 is weaker than the 50-day average of $5.03. Getting the trading period increased to 200 days, the stock price was seen at $6.71 on average. The general public currently hold control of a total of 75.54 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 111.74 million. The company’s management holds a total of 3%, while institutional investors hold about 93.1% of the remaining shares. FET share price finished last trade -18.24% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -48.33%, while closing the session with -31.14% distance from 50 day simple moving average.

Forum Energy Technologies, Inc. (FET) shares were last observed trading -73.96% down the peak of $13.4. Last month’s price growth of -35.01% puts FET performance for the year now at -15.5%. Consequently, the shares price is trending higher by 3.56%, a 52-week worst price. However, it is losing value with -30.75% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $3.25 and $3.37. The immediate resistance area is now $3.56 Williams’s %R (14) for FET moved to 85.09 while the stochastic %K points at 9.42.

FET’s beta is 2.51; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $-3.75 per share from its yearly profit to its outstanding shares. Its last reported revenue is $271.84 million, which was 9% versus $250.2 million in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $-0.04 compared to $-0.07 in the year-ago quarter and had represented -43% year-over-year earnings per share growth. FET’s ROA is -20.5%, higher than the -50.5% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 9.04%.