Analyst Research

Analysts Sights: Centurylink Inc (NYSE:CTL)

Centurylink Inc (NYSE:CTL) shares traded 0.93% during the most recent session the stock exchanged hands 10.14M shares versus average trading capacity of 10.57M shares, yielding a market cap of $14.44B. Wall Street analysts covering the stock are projecting that the stock will reach $26.29 within the next 52-weeks. The mean target projections are based on 14 opinions, the mean target was last revised on 05/05/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Centurylink Inc (NYSE:CTL) high price target of $42.00 and with a conservative view have low price target of $19.00 with a standard deviation of $5.33. If seeing target price from optimistic overview then it has 68 percent upside potential from the latest closing price of $25.03.

Centurylink Inc (NYSE:CTL) “Initiated” by MoffettNathanson in a research note issued to investors on Feb-28-17 as Neutral at $23.

Additionally on Jan-25-17 Centurylink Inc (NYSE:CTL) was “Upgraded” by Jefferies from Underperform to Hold and on Jan-03-17 the stock was “Upgraded” by JP Morgan from Neutral to Overweight. Furthermore on Dec-13-16 the stock was “Initiated” by SunTrust as Hold.

On the other hand the company has Relative Strength Index (RSI 14) of 52.50 along with Average True Range (ATR 14) of 0.60, Consequently Centurylink Inc (NYSE:CTL)’s weekly and monthly volatility is 3.74%, 2.04% respectively. The company’s beta value is at 0.84.

In terms of Buy, Sell or Hold recommendations, Centurylink Inc (NYSE:CTL) has analysts’ mean recommendation of 2.60. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Centurylink Inc (NYSE:CTL) will report earnings of $0.5 for the current quarter, however the company’s high EPS estimates are $0.57 and low estimates are $0.46. However the company reported $0.63 earnings per share for the same quarter during last year.

Previously Centurylink Inc (NYSE:CTL) reported $0.52 earnings per share (EPS) for the quarter on 5/3/2017 After Market Close, missing the consensus estimate of $0.53 by -$0.01. The company posted an earnings surprise of -1.89%.

While considering growth estimates of the company, it has next quarter growth estimates of -7.10% whereas during current quarter it has -20.60% estimations over growth, comparing to the estimations of -12.70% during current year and -2.30% for next year. Past 5 years growth of Centurylink Inc (NYSE:CTL) observed at -0.73%, looking forward for the next 5 years it has a strong prediction of 0.03% over growth.

Centurylink Inc (NYSE:CTL)’s revenue estimates for the current quarter are $4.11B according to 13 number of analysts, for the current quarter the company has high revenue estimates of $4.28B in contradiction of low revenue estimates of $4.02B. For the current year the company’s revenue estimates are $16.63B compared to low analyst estimates of $16.3B and high estimates of $17.14B according to 18 number of analysts.

Currently Centurylink Inc (NYSE:CTL)’s shares owned by insiders are 0.50%, whereas shares owned by institutional owners are 78.20%. However the six-month change in the insider ownership was recorded 0.50%, as well as three-month change in the institutional ownership was recorded 0.81%.

Centurylink Inc (NYSE:CTL) is trading -21.80% away from its 52 week high of $32.01 and +14.43% far from the stock’s low point over the past 52 weeks, which was $21.87. The stock hit its 52-week high on 10/27/16, and 52-week low on 03/28/17. The company’s trailing twelve month income is 553.00M dollars and is paying 8.63% dividend yield annually.

Centurylink Inc (NYSE:CTL)’s trailing twelve month revenues are $17.28B, whereas its price to sales ratio for the same period is 0.85. Its book value per share for the most recent quarter is $24.62 while its price to book ratio for the same period is 1.02, as for as the company’s cash per share for the most recent quarter is $0.36, however its price to cash per share ratio for the same period is 68.74. The stock has a current PEG ratio of 979.65 whereas its trailing twelve month P/E ratio is 24.49.

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