News stories about CenturyLink (NYSE:CTL) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CenturyLink earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.267996121611 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- CenturyLink (CTL) Defers Level 3 Communications Acquisition – Yahoo Finance (finance.yahoo.com)
- CenturyLink (CTL) Defers Level 3 Communications Acquisition – Nasdaq (nasdaq.com)
- Today’s Research Reports on Trending Tickers: Centurylink and Frontier Communications (finance.yahoo.com)
- CenturyLink, Inc. (CTL) noted a price change of -1.08% and Independence Realty Trust, Inc. (IRT) closes with a move … – Stocks Gallery (stocksgallery.com)
CTL has been the topic of several research analyst reports. ValuEngine upgraded CenturyLink from a “hold” rating to a “buy” rating in a report on Friday, August 18th. UBS AG set a $29.00 price objective on CenturyLink and gave the company a “buy” rating in a report on Thursday, June 22nd. BidaskClub downgraded CenturyLink from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th. Royal Bank Of Canada reiterated a “hold” rating and issued a $25.00 price objective on shares of CenturyLink in a report on Thursday, May 25th. Finally, Cowen and Company reiterated a “hold ctl” rating on shares of CenturyLink in a report on Thursday, July 6th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. CenturyLink has a consensus rating of “Hold” and an average price target of $26.15.
CenturyLink (CTL) traded up 1.50% on Friday, hitting $18.98. The stock had a trading volume of 13,886,792 shares. The company’s 50-day moving average is $20.59 and its 200-day moving average is $23.41. The stock has a market cap of $10.43 billion, a P/E ratio of 27.51 and a beta of 0.89. CenturyLink has a one year low of $18.19 and a one year high of $33.45.
CenturyLink (NYSE:CTL) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.03). The firm had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $4.09 billion. CenturyLink had a return on equity of 8.43% and a net margin of 2.20%. CenturyLink’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.63 earnings per share. On average, analysts anticipate that CenturyLink will post $1.94 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Tuesday, September 5th were paid a dividend of $0.54 per share. The ex-dividend date was Thursday, August 31st. This represents a $2.16 annualized dividend and a dividend yield of 11.38%. CenturyLink’s dividend payout ratio (DPR) is currently 313.04%.
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CenturyLink, Inc is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers. Its segments include business, which provides strategic, legacy and data integration products and services to small, medium and enterprise business, wholesale and governmental customers, including other communication providers, and consumer, which provides strategic and legacy products and services to residential customers.
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