Somewhat Favorable News Coverage Somewhat Unlikely to Affect CenturyLink (CTL) Share Price
Headlines about CenturyLink (NYSE:CTL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CenturyLink earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.9587748018436 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s analysis:
- Seahawks Announce The Week Nine CenturyLink High School Athlete Of The Week (seahawks.com)
- CenturyLink (CTL) Misses Q3 Earnings and Revenue Estimates (nasdaq.com)
- Weaker Together? Level 3 Acquisition Hasn’t Helped CenturyLink Yet (finance.yahoo.com)
- Today’s Research Reports on Trending Tickers: CenturyLink and Windstream Holdings (finance.yahoo.com)
- CenturyLink: A Dividend Cut Is ‘Logical but Unlikely’ (finance.yahoo.com)
Shares of CenturyLink (NYSE CTL) opened at $15.48 on Friday. The firm has a market cap of $8,507.95, a PE ratio of 7.98, a PEG ratio of -4.02 and a beta of 0.88. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.90 and a current ratio of 0.82. CenturyLink has a 52 week low of $14.60 and a 52 week high of $27.61.
CenturyLink (NYSE:CTL) last announced its earnings results on Wednesday, November 8th. The technology company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.03). The company had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $4.06 billion. CenturyLink had a net margin of 1.89% and a return on equity of 7.99%. The company’s revenue for the quarter was down 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.56 EPS. sell-side analysts forecast that CenturyLink will post 1.92 earnings per share for the current fiscal year.
CTL has been the topic of a number of analyst reports. ValuEngine upgraded shares of CenturyLink from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Zacks Investment Research upgraded shares of CenturyLink from a “sell” rating to a “hold” rating in a research report on Friday, October 13th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $25.00 target price on shares of CenturyLink in a research report on Wednesday, November 1st. Barclays PLC decreased their target price on shares of CenturyLink from $23.00 to $19.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 4th. Finally, Jefferies Group LLC decreased their target price on shares of CenturyLink to $17.00 and set a “hold” rating on the stock in a research report on Thursday. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $23.07.
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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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