In last trading session, CenturyLink, Inc. (NYSE:CTL) saw 3,147,407 shares changing hands with its beta currently measuring 0.99. Company’s recent per share price level of $9.61 trading at -$0.4 or -4.28% at recent trade assigns it a market valuation of $10.55 Billion. That current price of CTL’s stock is at a discount of -59.21% from its 52-week high price of $15.3 and is indicating a premium of 15.09% from its 52-week low price of $8.16. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.07 Million shares which gives us an average trading volume of 12.09 Million if we extend that period to 3-months.
For CenturyLink, Inc. (CTL), analysts’ consensus is at an average recommendation of Underweight while assigning it a mean rating of 3.3. Splitting up the data highlights that, out of 16 analysts covering the stock, 6 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 2 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.33 in the current quarter.
CenturyLink, Inc. (NYSE:CTL) trade information
In the face of being in the red today for losing -3.93%, in the last five days CTL remained trading in the green while hitting it’s week-highest on Tuesday, Jun 23 when the stock touched $10.32- price level, adding 6.64% to its value on the day. CenturyLink, Inc.’s shares saw a change of -27.06% in year-to-date performance and have moved -5.07% in past 5-day. CenturyLink, Inc. (NYSE:CTL) showed a performance of -3.36% in past 30-days. Number of shares sold short was 115.97 Million shares which calculate 9.59 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $9.87 to the stock, which implies a rise of 2.71% to its current value. Analysts have been projecting $7 as a low price target for the stock while placing it at a high target of $13.8. It follows that stock’s current price would jump +43.6% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.16% for stock’s current value.
CenturyLink, Inc. (CTL) estimates and forecasts
13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $5.15 Billion for the same. And 12 analysts are in estimates of company making revenue of $5.1 Billion in the next quarter that will end in September 01, 2020. Company posted $5.58 Billion and $5.61 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -7.8% while estimating it to be -9.1% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -41.3% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -219.4% while estimates for its earnings growth in next 5 years are of 6%
CenturyLink, Inc. is more likely to be releasing its next quarterly report between August 05 and August 10, 2020, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 9.96%, the share has a forward dividend of 1 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 10.15%.