Centurylink (NYSE:CTL) shares traded -0.89% down during most recent session to reach at the closing price of $24.55. The stock exchanged hands 9.13 Million shares versus average trading capacity of 9.72 Million shares, yielding a market cap of $13.47 Billion. 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.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Centurylink (NYSE:CTL) high price target $42 and with a conservative view have low price target $19.
Raymond James “Downgrades” Centurylink (NYSE:CTL) in a research note issued to investors on 5/15/17 to Underperform.
Additionally on 3/29/17 Morgan Stanley “Reinstates” Centurylink (NYSE:CTL) to Overweight setting price target at $27 and on 2/28/17 Moffett Nathanson “Initiates Coverage On” the stock to Neutral at $23. Furthermore on 1/25/17 Jefferies “Upgrades” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 47.31 along with Average True Range (ATR 14) of 0.54, Consequently Centurylink (NYSE:CTL)’s weekly and monthly volatility is 1.82%, 2.15% respectively. The company’s beta value is at 0.85.
In terms of Buy, Sell or Hold recommendations, Centurylink (NYSE:CTL) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Centurylink (NYSE:CTL)’s minimum EPS for the current quarter is at $0.46 and can go high up to $0.54. The consensus mean EPS for the current quarter is at $0.49 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.63 earnings per share for the same quarter during last year.
Previously Centurylink (NYSE:CTL) reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by $-0.02. The company posted an earnings surprise of -3.7%.
While considering growth estimates of the company, it has next quarter growth estimates of -7.1% whereas during current quarter it has -22.2% estimations over growth, comparing to the estimations of -13.5% during current year and -1.9% for next year. Past 5 years growth of Centurylink (NYSE:CTL) observed at -2.25%, looking forward for the next 5 years it has a strong prediction of -2.6% over growth.
Centurylink (NYSE:CTL)’s revenue estimates for the current quarter are $4.1 Billion according to 12 number of analysts, for the current quarter the company has high revenue estimates of $4.13 Billion in contradiction of low revenue estimates of $4.02 Billion. For the current year the company’s revenue estimates are $16.53 Billion compared to low analyst estimates of $16.3 Billion and high estimates of $16.84 Billion according to 15 number of analysts.
Currently Centurylink (NYSE:CTL)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 78.8%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 1.28%.
Centurylink (NYSE:CTL) 52-week high price stands at $32.01 and low price stands at $21.87, its price distance from 52-week high is -23.29% while its distance from 52-week low price is 12.24%. The stock hit its 52-week high on 10/27/16, and 52-week low on 03/28/17.
Centurylink (NYSE:CTL)’s trailing twelve month revenues are $17.28 Billion, whereas its price to sales ratio for the same period is 0.77. 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, as for as the company’s cash per share for the most recent quarter is $0.39, however its price to cash per share ratio for the same period is 62.47. The stock has 5 year expected PEG ratio of 23.25 whereas its trailing twelve month P/E ratio is 24.02.