Shares of CenturyLink (NYSE:CTL) traded down 1.95% on Friday, reaching $18.65. The stock of Centurylink Inc (NYSE:CTL) earned "Underperform" rating by Raymond James on Monday, May 15.
CenturyLink, Inc.is an integrated communications company. The pending deal still awaits nod from the FCC and the California Public Utilities Commission.
Other analysts have also issued reports about the company. UBS AG set a $29.00 price objective on shares of CenturyLink and gave the stock a "buy" rating in a research note on Thursday, June 22nd. BidaskClub cut CenturyLink from a "hold" rating to a "sell" rating in a report on Friday, August 11th. ValuEngine upgraded CenturyLink from a "hold" rating to a "buy" rating in a report on Tuesday. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Td Asset has invested 0.09% in Centurylink Inc (NYSE:CTL).
The company has a 50 day moving average of $19.43 and a 200-day moving average of $22.88. The stock has a market cap of $10.25 billion, a P/E ratio of 27.03 and a beta of 0.89. We see here that CenturyLink, Inc.
CenturyLink, Inc. (NYSE:CTL), maintained return on investment for the last twelve months at -, higher than what Reuters data shows regarding industry's average. The business had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $4.09 billion.
ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. The business's revenue for the quarter was down 7.0% compared to the same quarter past year. On average, analysts forecast that CenturyLink, Inc. will post $1.94 EPS for the current fiscal year.
CenturyLink, Inc.'s RSI is 42.82.
CTL has been the subject of a number of research reports. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and global copyright and trademark laws. The rating was maintained by Jefferies with "Hold" on Tuesday, October 3. It dropped, as 67 investors sold Centurylink Inc shares while 185 reduced holdings. Endurance Wealth Management Inc. boosted its stake in CenturyLink by 18.5% during the 2nd quarter. The shares price has positioned -11.49% down over the past quarter while it has directed -19.96% toward a falling position throughout past six months. Institutional investors and hedge funds own 82.95% of the company's stock. Northern Trust Corp boosted its stake in shares of CenturyLink by 1.4% during the second quarter. WealthPLAN Partners LLC now owns 8,640 shares of the technology company's stock worth $206,000 after acquiring an additional 8,490 shares during the period. Geode Capital Management LLC now owns 6,721,808 shares of the technology company's stock worth $158,256,000 after purchasing an additional 613,038 shares during the last quarter. Finally, WealthPLAN Partners LLC lifted its stake in CenturyLink by 5,660.0% during the 2nd quarter. CenturyLink, Inc., formerly known as CenturyTel, Inc., is headquartered in Monroe, Louisiana. The Firm is engaged in providing an array of communications services to its residential and business customers. In addition, the company provides data, voice and managed services to business, government and wholesale customers in local, national and select worldwide markets through its fiber optic network and multiple data centers.