Cable One Outlook: A Weak Technical Picture Amid Mixed Fundamentals

Market Snapshot

Cable One (CABO.N) is underperforming with a recent decline of -20.39%, while analysts show mixed expectations with an average rating of 2.50 and a performance-weighted score of 0.92.

News Highlights

• China's factory activity contracted in May, with a slight improvement in the purchasing managers index. This may indirectly affect global supply chains and could weigh on Cable One’s business operations.
• Gray Media announced its first-quarter financial results, highlighting its digital media services. While not directly related to Cable One, such announcements often signal broader trends in the media sector.
• Donald Trump’s tariff policies continue to create uncertainty in global markets. These policies could affect trade relations and consumer spending, which in turn might influence Cable One’s revenue and operational performance.

Analyst Views & Fundamentals

Analysts show a mixed outlook for CABO.N. The simple average rating is 2.50 and the performance-weighted rating is 0.92, reflecting a lack of consensus and weak historical performance from some analysts.

Key fundamental factors and their internal diagnostic scores (0-10) include:

• Revenue-MV: 3.00, with a value of 0.9865
• Net income-Revenue: 3.00, with a value of 0.5627
• Profit-MV: 2.00, with a value of 0.4901
• Asset-MV: 3.00, with a value of -0.5184
• Cash-UP: 0.00, with a value of 0.5368
• Net cash flow from operating activities / Operating revenue (%): 1.00, with a value of 36.72%
• Operating cycle: 1.00, with a value of 14.02 days
• Long-term debt to working capital ratio (%): 3.00, with a value of 27.32%
• PB-ROE: 1.00, with a value of -0.8722
• Net assets per share (growth rate compared to beginning of year %): 1.00, with a value of -20.50%

While some fundamentals are strong, the overall technical outlook is bearish, suggesting caution is warranted.

Money-Flow Trends

Cable One is seeing negative fund-flow patterns overall, despite some positive inflows at the retail level.

• Big-money flows (block, large, and extra-large) are trending negative.
• Retail investors (small) are showing a positive trend.
• Overall inflow ratio is 47.55%, indicating moderate participation but not strong conviction.

This mismatch suggests that institutional investors are losing confidence, while retail participation remains limited and inconsistent.

Key Technical Signals

Technical indicators show a very weak trend for CABO.N, with an internal diagnostic score of 2.29 (0-10).

• WR Overbought: Score of 1.00 — historically linked to poor performance
• Long Upper Shadow: Score of 1.00 — bearish signal with a win rate of 30.0%
• Morning Star: Score of 1.00 — bearish signal with a win rate of 0.0%
• Bearish Engulfing: Score of 1.00 — bearish reversal pattern
• MACD Death Cross: Score of 5.61 — neutral with moderate upside potential
• Bullish Engulfing: Score of 4.14 — neutral with slight positive tilt

Recent technical signals by date include:

• 2025-12-17: Long Upper Shadow
• 2025-12-18: Bearish Engulfing
• 2025-12-11: WR Overbought, Morning Star
• 2025-12-16: WR Overbought, Bullish Engulfing
• 2025-12-24: MACD Death Cross

These patterns suggest weak momentum and increasing bearish pressure.

Conclusion

Given the weak technical signals and mixed analyst ratings, we recommend avoiding CABO.N for now. The fundamentals are mixed, but the technicals are clearly bearish. Investors should consider waiting for clearer signs of reversal or improved momentum before entering.