News stories about CenturyLink (NYSE:CTL) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CenturyLink earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.7611864368585 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
CTL has been the topic of several research analyst reports. BidaskClub cut CenturyLink from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Cowen reissued a “neutral” rating on shares of CenturyLink in a research report on Monday, August 14th. ValuEngine raised CenturyLink from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Morgan Stanley cut their price objective on CenturyLink from $27.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research cut CenturyLink from a “hold” rating to a “strong sell” rating in a research report on Friday, August 25th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. CenturyLink presently has an average rating of “Hold” and an average price target of $23.07.
Shares of CenturyLink (NYSE:CTL) traded up $0.51 during midday trading on Monday, hitting $14.81. The stock had a trading volume of 15,702,581 shares, compared to its average volume of 10,665,576. CenturyLink has a 1 year low of $13.16 and a 1 year high of $27.61. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market cap of $15,830.00, a PE ratio of 7.37, a PEG ratio of -4.47 and a beta of 0.79.
CenturyLink (NYSE:CTL) last issued its quarterly earnings results on Wednesday, November 8th. The technology company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.03). CenturyLink had a net margin of 1.89% and a return on equity of 7.99%. The firm had revenue of $4.03 billion for the quarter, compared to analysts’ expectations of $4.06 billion. During the same period in the prior year, the company earned $0.56 EPS. The firm’s quarterly revenue was down 7.9% on a year-over-year basis. research analysts forecast that CenturyLink will post 1.6 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 27th will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, November 24th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 14.58%. CenturyLink’s payout ratio is 372.41%.
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CenturyLink Company Profile
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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