Are CableVision Systems Shares Attactive?

Cablevision Systems Corporation (NYSE:CVC) has gone through a corporate restructuring over the past two years. The company has now become “an attractive pure play cable TV business” according to Barron’s.

Though it may have become more attractive as a takeover candidate by the likes of Time Warner (NYSE:TWC) or Comcast (NASDAQ:CMCSA), the overhang of the weak numbers for Q2 and Q3 have ripped the stock price nearly in half this year. Barron’s claims this might be an “over-reaction”. Do you agree?

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Here’s how these stocks are trading now:

  • Cablevision Systems Corporation (NYSE:CVC): The shares recently traded at $15.26, up $0.39, or 2.62%. Its market capitalization is $4.35 billion. They have traded in a 52-week range of $14.18 to $38.08. Volume today was 1,708,318 shares versus a 3-month average volume of 3,803,970 shares. The company’s trailing P/E is 12.79, while trailing earnings are $1.19 per share. The company pays a dividend of $0.60 per share for a dividend yield of 4.00%. About the company: Cablevision Systems Corporation provides telecommunications and entertainment services. The Company has operations in multimedia delivery, subscription cable television services, championship professional sports teams, and national television program networks. Get the most recent company news and stock data here >>
  • Time Warner Cable Inc. (NYSE:TWC): The shares recently traded at $61.29,. Its market capitalization is $19.56 billion. They have traded in a 52-week range of $60.19 to $80.86. Volume today was 900,628 shares versus a 3-month average volume of 2,755,860 shares. The company’s trailing P/E is 14.15, while trailing earnings are $4.33 per share. The company pays a dividend of $1.92 per share for a dividend yield of 3.10%. About the company: Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services. Get the most recent company news and stock data here >>
  • Comcast Corporation (NASDAQ:CMCSA): The shares recently traded at $22.45, down $0.3, or 1.32%. Its market capitalization is $61.72 billion. They have traded in a 52-week range of $19.19 to $27.16. Volume today was 5,152,690 shares versus a 3-month average volume of 21,878,900 shares. The company’s trailing P/E is 16.15, while trailing earnings are $1.39 per share. The company pays a dividend of $0.45 per share for a dividend yield of 2.00%. About the company: Comcast Corporation is a provider of video, high-speed Internet and phone services. The Company offers a variety of entertainment, information and communications services to residential and commercial customers. Comcast is headquartered in Philadelphia, Pennsylvania. Get the most recent company news and stock data here >>

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