07 October, 2017
The Firm has ATR of 0.59 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price if it was outside of current range. Capital World Investors owned approximately 1.08% of CenturyLink as of its most recent SEC filing.
Large investors have recently added to or reduced their stakes in the business. Tredje AP fonden raised its position in CenturyLink by 47.1% during the second quarter. Swiss National Bank raised its position in CenturyLink by 0.5% during the second quarter. Exane Derivatives now owns 6,645 shares of the technology company's stock worth $159,000 after buying an additional 1,436 shares during the last quarter.
According to Finviz reported data, The SMA20 of the stock is at 5.55 percent, SMA50 is -1.43 percent, while SMA200 is -14.76 percent.
15 analysts on average are expecting CenturyLink, Inc.to report earnings of $0.5 per share for the current quarter. Endurance Wealth Management Inc. now owns 4,650 shares of the technology company's stock worth $111,000 after purchasing an additional 725 shares in the last quarter. Finally, Fiduciary Management Inc. LLC lifted its position in shares of CenturyLink by 1.1% in the second quarter.
Institutions own 83.79% of CenturyLink, Inc.
CTL has been the topic of a number of research reports. UBS AG set a $29.00 price objective on CenturyLink and gave the company a "buy" rating in a research note on Thursday, June 22nd. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.70, which implies that analysts are generally neutral in their outlook for CTL over the next year. Zacks Investment Research lowered shares of CenturyLink from a "hold" rating to a "strong sell" rating in a report on Friday, August 25th.
08/23/2017 - CenturyLink, Inc. had its "overweight" rating reiterated by analysts at Morgan Stanley.
Several other equities analysts have also weighed in on the stock.
CTL is now undervalued by -21.58% relative to the average 1-year price target of $25.53 taken from a group of Wall Street Analysts.
CenturyLink, Inc. (CTL) now has a Return on Assets (ROA) value of 0.8 Percent. "(CTL)" was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2017/10/06/centurylink-inc-ctl-price-target-cut-to-19-00.html. CenturyLink, Inc. has a 52-week low of 18.17 and a 52-week high of 33.45. Shares are clocking price at $20.02 with change of -0.35%.
This particular stock's 5-day moving average is 19.54, its 20-day moving average is 18.97 and its 100-day moving average is 22.45. The company's market cap is $11.22 Billion, and the average volume is 9.61 Million.
CenturyLink (NYSE:CTL) last announced its earnings results on Wednesday, August 2nd. Wall Street analysts, on average, are forecasting the company's EPS to be $0.46, compared to $0.56 reported in the same quarter past year. CenturyLink had a net margin of 2.20% and a return on equity of 8.43%. The company had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter past year, the business earned $0.63 EPS. The business's quarterly revenue was down 7.0% on a year-over-year basis.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th.
Shares of CenturyLink (NYSE:CTL) traded up 0.274% during trading on Tuesday, hitting $20.145. This represents a $2.16 dividend on an annualized basis and a yield of 10.79%. CenturyLink's payout ratio is 313.04%. CenturyLink, Inc. (NYSE:CTL)'s short interest is 115.24 million shares, or 21.21% of the float.
