Loading...
Docoh

Shenandoah Telecommunications (SHEN)

Shenandoah Telecommunications Company (Shentel) provides a broad range of diversified communications services through its high speed, state-of-the-art wireless, cable and fiber optic and fixed wireless networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and digital voice; fiber optic Ethernet, wavelength and leasing; telephone voice and digital subscriber line; tower colocation leasing; and wireless voice and data. Shentel is the exclusive personal communications service ('PCS') Affiliate of Sprint in a multi-state area covering large portions of central and western Virginia, south-central Pennsylvania, West Virginia, and portions of Maryland, and Kentucky.

Company profile

Ticker
SHEN
Exchange
Website
CEO
Christopher French
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Shenandoah Cable Television, LLC • Shenandoah Mobile, LLC • Shenandoah Personal Communications, LLC • Shenandoah Telephone Company • Shentel Management Company ...
IRS number
541162807

SHEN stock data

Calendar

3 Aug 22
18 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 33.34M 33.34M 33.34M 33.34M 33.34M 33.34M
Cash burn (monthly) 6.88M 17.95M 1.24M 905.58K (no burn) 30.45M
Cash used (since last report) 11.34M 29.58M 2.05M 1.49M n/a 50.16M
Cash remaining 22M 3.76M 31.29M 31.84M n/a -16.82M
Runway (months of cash) 3.2 0.2 25.2 35.2 n/a -0.6

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Aug 22 Victor Christopher Barnes COMMON Grant Acquire A No No 22.3 45.964 1.02K 45.964
1 Aug 22 Thomas Beckett Common Stock Grant Acquire A No No 22.3 17.937 400 4,883.481
1 Aug 22 Tracy Fitzsimmons Common Stock Grant Acquire A No No 22.3 46.712 1.04K 23,866.607
1 Aug 22 Richard L Koontz Jr Common Stock Grant Acquire A No No 22.3 22.422 500 32,919.501
1 Aug 22 Kenneth L Quaglio Common Stock Grant Acquire A No No 22.3 28.027 625 7,888.002
54.1% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 147 154 -4.5%
Opened positions 18 21 -14.3%
Closed positions 25 26 -3.8%
Increased positions 51 63 -19.0%
Reduced positions 50 50
13F shares Current Prev Q Change
Total value 601.37M 632.75M -5.0%
Total shares 27.09M 26.84M +0.9%
Total puts 23K 87.9K -73.8%
Total calls 10.2K 9K +13.3%
Total put/call ratio 2.3 9.8 -76.9%
Largest owners Shares Value Change
BLK Blackrock 8.04M $178.47M +2.7%
Vanguard 5.26M $116.79M +4.6%
Dimensional Fund Advisors 1.89M $42.05M +5.9%
STT State Street 1.86M $41.23M +1.8%
Geode Capital Management 887.47K $19.7M +3.4%
DAVENPORT & Co 807.58K $17.93M -0.0%
Renaissance Technologies 689.09K $15.3M -6.7%
Broad Run Investment Management 667.73K $14.82M NEW
Charles Schwab Investment Management 540.98K $12.01M +6.5%
NTRS Northern Trust 517.6K $11.49M -0.2%
Largest transactions Shares Bought/sold Change
Broad Run Investment Management 667.73K +667.73K NEW
Citadel Advisors 250.98K -326.12K -56.5%
Vanguard 5.26M +229.93K +4.6%
BLK Blackrock 8.04M +208.14K +2.7%
First Trust Advisors 0 -202K EXIT
MS Morgan Stanley 390.36K +180.19K +85.7%
Parametric Portfolio Associates 0 -169.04K EXIT
LGEN Legal & General 0 -140.85K EXIT
Dimensional Fund Advisors 1.89M +106.31K +5.9%
Thrivent Financial For Lutherans 49.18K -72.17K -59.5%

Financial report summary

?
Management Discussion
  • Revenue increased approximately $5.3 million, or 8.8%, during the three months ended June 30, 2022 compared with the three months ended June 30, 2021, driven by growth of $5.2 million, or 9.2%, in the Broadband segment and $0.1 million, or 1.9%, in the Tower segment. Refer to the discussion of the results of operations for the Broadband and Tower segments, included within this MD&A, for additional information.
  • Operating expenses increased approximately $10.8 million, or 18.6%, for the three months ended June 30, 2022 compared with the three months ended June 30, 2021, driven primarily by a $4.1 million impairment expense for Beam fixed wireless in our Broadband segment, $5.2 million of incremental Broadband operating expenses incurred primarily to support the expansion of Glo Fiber branded services, and $1.3 million of incremental Corporate operating expenses primarily driven by stock-based compensation grants.
  • Other income (expense), net decreased $1.9 million primarily due to lower income from investments.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: accommodate, achieved, assistance, ASU, burden, certainty, Committee, complement, comprised, conformity, construction, costly, criteria, defend, Department, deploying, development, DHCD, download, drew, effort, enacted, entity, environment, ERP, established, experience, exploration, FASB, force, Frederick, functional, functionality, hierarchy, Housing, Human, impose, incumbent, issuable, key, Level, matter, MD, ongoing, outcome, partnering, permanently, placement, predicted, preliminary, reevaluation, refund, regular, Reimbursable, resource, retention, sheet, streamlining, supervision, task, Technology, Telecommunication, thoughtfully, Topic, treated, turnover, unadjusted, underserved, unfavorable, unserved, upgraded, upload, VA, VATI, wide
Removed: alternative, applicable, billed, consistent, identification, incur, light, performed, rollout, terminate, transition