19.23 0.00 (0.00%)
After hours: 4:41PM EDT
|Bid||19.16 x 3000|
|Ask||19.40 x 28000|
|Day's Range||19.18 - 19.50|
|52 Week Range||13.16 - 24.14|
|PE Ratio (TTM)||10.89|
|Forward Dividend & Yield||2.16 (10.99%)|
|1y Target Est||N/A|
The latest round of tariffs planned by Trump administration is likely to impact network routers and components that go into digital signal processing, TVs, monitors and telecom gear.
CenturyLink (CTL) plans to provide customers with private access to Oracle Cloud with Oracle Cloud Infrastructure FastConnect for cloud experience on a network.
In this daily bar chart of CTL, below, we can see that prices are above the rising 50-day moving average line. The daily On-Balance-Volume (OBV) line has improved in the past month and the Moving Average Convergence Divergence (MACD) oscillator is in a bullish mode above the zero line. In this updated weekly bar chart, below, we can see that prices are above the flat 40-week moving average line.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Telecommunications Services sector is rising.
In a world of low interest rates, investors look for yield wherever they can find it. In the previous century, dividends did not compare well to bank interest rates. As a result, REITs pay an average dividend yield of 4.3%.
The AT&T (T) outages pertain to two separate events, one in March 2017 that lasted about five hours and the other in May that lasted 47 minutes
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding CTL totaled $1.03 billion.
Comcast Corp said on Friday services interrupted by two separate incidents of fiber cuts at its network providers were being restored. Comcast said the two network providers were CenturyLink Inc and Zayo Group Holdings Inc. "While the CenturyLink network continues to operate normally, on June 29, we experienced two isolated fiber cuts in North Carolina affecting some customers that by themselves did not cause the issues experienced by other providers," CenturyLink said.
CenturyLink's (CTL) Security Log Monitoring solution equips organizations with rapid threat detection and response, particularly within their networks.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a neutral indicator.
In the previous part of this series, we discussed Wall Street analyst recommendations for CenturyLink (CTL) stock. Now let’s take a look at CenturyLink’s technical indicators and compare them to its peers in the telecom space.
As of June 21, 18 analysts from different brokerage firms have been actively tracking CenturyLink (CTL) stock. The median target price set by analysts for CenturyLink stock was $19.00 as of June 21. CenturyLink has generated returns of -24.5% in the last 12 months and -4.3% in the last month.
CenturyLink (CTL) stock rose ~2.4% in the last five trading days to close at $18.45 on June 21. CenturyLink is now trading ~40.2% above its 52-week low of $13.16 and ~26.6% below its 52-week high of $25.13. The stock has fallen ~24.5% in the last 12 months.
As of June 21, AT&T (T) was the largest US telecom player by market capitalization at ~$231.5 billion followed by Verizon (VZ) at ~$200.9 billion. In the US wireline space, CenturyLink (CTL) had a market capitalization of ~$20.0 billion, as the below chart shows. This metric for Windstream (WIN) and Frontier (FTR) was ~$0.3 billion and ~$0.5 billion, respectively.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a positive indicator with a strengthening bias over the past 1-month.
In this article, we’ll take a look at CenturyLink’s (CTL) capex spending. CenturyLink management expects these improvements to allow it to compete with Frontier Communications (FTR), Comcast (CMCSA), and other top cable companies in the market. In Q1 2018, CenturyLink spent $788 million on capex (excluding integration-related capital expenditures and special items), representing 13.3% of revenues.
CenturyLink (CTL) completed its acquisition of Level 3 in November 2017. The company had achieved $215 million of annualized run-rate adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) synergies at the end of Q1 2018 as compared to $75 million at the end of Q4 2017.
The sentiment surrounding Centurylink Inc (NYSE: CTL) remains negative and weighed down by its legacy rural telecom association, according to Jefferies. CenturyLink continues to be seen as a "RLEC," or rural local exchange carrier, a designation given to companies with deteriorating fundamentals that were forced to slash or suspend dividends, Goldman said in the upgrade note.
Now let’s take a look at the performance of CenturyLink (CTL) in the broadband segment, which is a key growth driver for the company. In Q1 2018, on a net basis, CenturyLink lost 58,000 broadband customers. CenturyLink’s broadband customers decreased by ~1.1% sequentially to reach ~5.0 million at the end of Q1 2018.
CenturyLink (CTL) expects adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) to be in the range of $8.75 billion to $8.95 billion in the full-year 2018 due to improved operating metrics and cost-cutting initiatives. The company’s management also expects adjusted FCF (free cash flow) to be in the $3.15 billion–$3.35 billion range in 2018. Also, the telecom company is intending to continue paying dividends in 2018 and has guided for $2.3 billion in dividend payments for the year.
After a sharp decline in 2017, shares of CenturyLink (CTL) have made a comeback, climbing 12.8% year to date. Jefferies' Scott Goldman thinks that the rally can continue. Goldman upgraded CenturyLink to Buy from Hold, and raised his price target by $5 to $22.