05 July, 2017
CenturyLink, Inc. (CTL) have shown a high EPS growth of 1.60% in the last 5 years and has earnings decline of -26.80% yoy. The Lower end of the earnings estimate is $0.46, while the higher end of the earnings estimate is $0.57. The stock ended last trade at $23.97 a share and the price is up more than 0.80% so far this year. The business is scheduled to issue its next earnings report after the market closes on Wednesday, August 2nd. The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.27 billion. In the latest earnings report the EPS was $1.02 and is projected to be $2.10 for the current year with 548,812,000 shares now outstanding. Zacks Investment Research's earnings per share calculations are an average based on a survey of sell-side analysts that cover CenturyLink. Vanguard Group Inc. now owns 46,767,917 shares of the technology company's stock worth $1,102,321,000 after buying an additional 7,600,609 shares during the period. Anchor Capital Advisors raised its position in CenturyLink by 3.1% in the Q3. CenturyLink's revenue was down 4.4% compared to the same quarter past year. During the same quarter in the prior year, the company posted $0.71 EPS.
CTL has been the subject of a number of analyst reports. On May 15 the stock rating was downgraded from "Outperform" to "Underperform" in a statement from Raymond James. Finally, Royal Bank Of Canada reissued a "hold" rating and set a $25.00 target price on shares of CenturyLink in a research note on Thursday, May 25th. Cowen and Company set a $25.00 price objective on CenturyLink and gave the company a "market perform" rating in a research note on Thursday, May 4th. State Street Corp now owns 31,157,907 shares of the technology company's stock valued at $734,384,000 after buying an additional 293,702 shares during the period. Their average price target spell out an upbeat performance - a 9% and would give CTL a market capitalization of almost $14.52B. Cleararc Capital Inc. now owns 13,386 shares of the technology company's stock valued at $316,000 after buying an additional 93 shares during the period. Vanguard Group Inc. boosted its stake in CenturyLink by 19.4% in the first quarter.
How Quickly CenturyLink, Inc. UBS Asset Management Americas Inc. now owns 2,036,768 shares of the technology company's stock worth $48,434,000 after buying an additional 185,251 shares in the last quarter. Ffcm LLC boosted its stake in shares of CenturyLink by 0.8% in the first quarter.
The short ratio in the company's stock is documented at 10.80 and the short float is around of 21.11%. (NYSE:CTL) is -5.76% away from the 20-Day Simple Moving Average. Looking at the other side of the coin, CTL traded as low as $22.33 in the past 52 weeks, and since then the shares have risen 7.34% or $1.64. The stock has a market capitalization of $13.16 billion, a price-to-earnings ratio of 23.50 and a beta of 0.88. The stock closing price is now trading downward to its 50 day moving average with change of -4.95%, tumbled to its 20 day moving average with figure of -5.76% and behind its 200 day moving average with value -4.56%.
The business also recently declared a quarterly dividend, which was paid on Friday, June 16th. Investors of record on Monday, June 5th were issued a $0.54 dividend. Fuller & Thaler Asset Management has an ownership of 9,300 stocks of the technology firms shares valued $255,000 after scooping up an extra 5,100 shares through out the previous quarter, 77.45% of the shares is presently held by investment firms and many large funds. CenturyLink's dividend payout ratio (DPR) is 211.77%.
Shares of CenturyLink (CTL) traded up 0.38% during trading on Thursday, hitting $23.97. Mackenzie Fincl has 0.07% invested in Centurylink Inc (NYSE:CTL) for 476,602 shares. If you are reading this piece on another domain, it was illegally copied and republished in violation of USA and global copyright and trademark legislation. Its communications services include local and long-distance voice, broadband, Multi-Protocol Label Switching (MPLS), private line (including special access), Ethernet, colocation, hosting (including cloud hosting and managed hosting), data integration, video, network, public access, Voice over Internet Protocol (VoIP), information technology and other ancillary services.
