|Bid||11.27 x 2200|
|Ask||11.60 x 29200|
|Day's Range||11.25 - 11.41|
|52 Week Range||9.64 - 24.20|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 6, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||1.00 (8.81%)|
|1y Target Est||12.92|
CenturyLink (CTL) stock has risen close to 7.8% since the beginning of June. CenturyLink stock is trading at a forward PE ratio of 8.69x. The company's earnings are estimated to rise 10.1% in 2019.
CenturyLink Inc NYSE:CTLView full report here! Summary * Perception of the company's creditworthiness is positive and improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for CTL with between 5 and 10% of shares outstanding currently on loan. 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. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding CTL are favorable, with net inflows of $8.82 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. CTL credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
How Spam Botnet Emotet Hides and Spreads MONROE, La. , June 18, 2019 /PRNewswire/ -- New intelligence from Black Lotus Labs, reveals undocumented tactics spam botnet Emotet uses to hide and spread, while ...
Another day of indecision. The market is at least holding its ground above a key technical floor, even though the S&P 500 lost 0.18% of its value on Friday. It even logged a gain for the week. But, it's clear investors remain hesitant.Source: Allan Ajifo via Wikimedia (Modified)The bulls weren't hesitant about Sprint (NYSE:S), pushing it up nearly 3% on renewed optimism the Federal Trade Commission could give its impending merger with T-Mobile (NASDAQ:TMUS) a green light as early as next week after all. A much-ballyhooed Beyond Meat (NASDAQ:BYND) jumped more than 7% on news that its primary rival, Impossible Burger, was struggling to meet demand for its product.There just weren't enough names like Beyond Meat and Sprint to overcome dead weight like Advanced Micro Devices (NASDAQ:AMD). AMD shares fell more than 3% after rival Broadcom (NASDAQ:AVGO) lowered its full-year guidance.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Top-Rated Biotech Stocks to Invest In Today None of those names make for great trading prospects today, however … too much unpredictable volatility. Rather, it's the stock charts of Charles Schwab (NYSE:SCHW), Allergan (NYSE:AGN) and Centurylink (NYSE:CTL) that are worth closer looks. Here's why. Centurylink (CTL)We've seen fakeout moves from Centurylink shares before, so take this one with a grain of salt. But, this one is different in the sense that it's starting to take hold after a major selloff that has left the stock oversold and ripe for a rebound. There's just one more hurdle to clear, though it's not a small one. It has proven to be a ceiling in the past, though in slightly different circumstances. Click to Enlarge * The slow break above the falling resistance level marked in yellow on both stock charts ultimately petered out, but the break above the falling ceiling plotted with blue lines since April seems to be taking shape at a much stronger pace. * This time around the rebound move is materializing after the weekly chart's RSI indicator fell well into oversold territory. The move out of that condition in the meantime is a sign that a reversal is underway. * The key from here is a move above the purple 50-day moving average line. That level was a ceiling a couple of times in the fall of last year, but that was when the selloff was just getting started. It really is a different scenario now. Allergan (AGN)Long-term Allergan shareholders are no stranger to disappointment. The stock has been in a choppy downtrend since 2015, managing to reach new multi-year lows on Friday of last week. It looks and feels like the stock is about to implode.And, maybe it is. But, with Friday's 4.1% meltdown, AGN stock has actually bumped into a very well-established technical floor that could throw bears for a loop. Although some sort of verification is necessary before jumping to any conclusions, the binary outcome that has to take shape from here is apt to offer some significant swing trading opportunities no matter what. * 10 High-Yield Monthly Dividend Stocks to Buy Click to Enlarge * As of Friday, Allergen shares are kissing the lower edge of a converging wedge pattern that extends back to 2015. * The bullish case is simple enough -- at a major floor and with the weekly chart's RSI indicator almost into oversold territory, another rebound could be imminent. The bulls will have to confirm that's going to happen with a bounce this week. * It's not a very well watched dynamic, but thanks to Friday's tumble, AGN shares are now 25% below their white 200-day moving average line. That was about the maximum divergence allowed to take shape in late 2017 and early 2018, also bolstering the bullish case. Charles Schwab (SCHW)A month ago, Charles Schwab shares were toying with a recovery move. Although a falling resistance line was still intact, a handful of other bullish clues were materializing.The effort never panned out. Instead, SCHW bumped into that technical ceiling one last time, fell back again and then continued to fall. The last bastion of hope was wiped away on Friday with a 3.1% setback that dragged Charles Schwab shares back to their lowest level in months. And, that's not even the worst of it. Click to Enlarge * The resistance line that remains intact is plotted in blue on both stock charts, tagging all the key highs since November. * Support was developing around $41.40, by virtue of shares making a couple of major lows there since March. That floor was smashed on Friday. * Although anything is still possible at this point, with a floor now taken out of the picture, the next most likely landing spot is the most frequent low seen since early 2017. That floor near $37.80 is marked in yellow on both stock charts. * From the perspective of the weekly chart, the pattern since early 2017 loosely looks like a head-and-shoulders pattern. Should the "neckline" at $37.80 also fail, the ensuing selloff could be significant.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post 3 Big Stock Charts for Monday: Centurylink, Allergan and Charles Schwab appeared first on InvestorPlace.
Why everybody wins if the U.S. government succeeds in breaking up the big four tech companies — Amazon, Apple, Google and Facebook.
The strategic decision will enable CenturyLink (CTL) to better serve the surging demand for improved connectivity in the adjacent domestic markets and the neighboring Latin American countries.
MONROE, La., June 13, 2019 /PRNewswire/ -- A leading technology company, CenturyLink, Inc. (CTL) is making a significant investment to expand its network in the South Florida market. The expansion includes a new network gateway, to manage the flow of internet and data traffic on CenturyLink's robust global network, and a state-of-the-art, high-efficiency data center.
MONROE, La. , June 13, 2019 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) announced today the expiration, as of the end of the day on June 12, 2019, of its previously announced cash tender offers (the ...
CenturyLink stock’s closing price was $10.33 per share on June 10. The stock was trading 7.2% above its 52-week low of $9.64 per share.
Dividend paying stocks like CenturyLink, Inc. (NYSE:CTL) tend to be popular with investors, and for good reason - some...
"The end to the U.S. Government shutdown, reports of progress on China-U.S. trade talks, and the Federal Reserve’s confirmation that it did not plan further interest rate hikes in 2019 allayed investor fears and drove U.S. markets substantially higher in the first quarter of the year. Global markets followed suit pretty much across the board […]
In our Global Hidden Gems Portfolio, apart from handpicking stocks that are profitable but trading less than net cash, we also featured high dividend yield stocks around the world in a monthly basis. Here is a list of 70 stocks with the highest yields, but with volatility in the S&P 500 basket. Warning! GuruFocus has detected 3 Warning Signs with CTL.
CenturyLink (CTL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Following years of decline, investors in CenturyLink (NYSE:CTL) have seen some signs of hope. After reporting a mixed quarter in early May, CenturyLink stock has begun to rebound after briefly dipping into the single-digits.Source: Shutterstock Many have responded well to the lower but generous dividend and management's plan to turn the company around. The business still faces high debt levels and declining revenues. However, the advent of 5G could bring a demand for fiber infrastructure that could bring about a recovery in CTL stock. * 7 Bank Stocks to Leave in the Vault The Long, Slow Decline of CenturyLink StockIt goes without saying that bulls in CTL stock have deeply suffered in the 2010s. CenturyLink peaked at just under $47 per share in late 2010. Declines came slowly at first, and CenturyLink stock traded at just above $40 per share as late as 2014. However, the drop accelerated, falling briefly below the $10 per share level in May.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPut simply, the stock has suffered from cord cutting. In an increasingly wireless world, the wireline and fiber offerings of the Monroe, Louisiana-based technology company have seen less demand.The company diversified into connectivity, cloud, security, and managed services. However, that did not immediately stem declines in the customer base or the stock price. As a result, the previous $2.16 per share annual dividend became unsustainable. Cutting the dividend to $1 in February may have increased cash flow, but it also steepened the selloff of CenturyLink stock. Sentiment Is ImprovingStill, this leaves the dividend yield at a generous 9.4%. Management has also shifted priorities to turn the company around. Moreover, they initiated plans to cut debt and increase free cash flow. This should strengthen the balance sheet that leaves the company in a better position to acquire more valuable assets.Much of that debt reduction could come from asset sales. As our own Will Ashworth reported, the company has explored strategic alternatives for its consumer unit. That could mean selling the unit that generates about 25% of company revenues. However, that would also make a meaningful dent in its crushing $36 billion debt load.With the lower stock price, investors have again begun to take an interest in CTL. Guggenheim upgraded the stock to neutral when it fell below $10 per share, saying it had reached fair value. CenturyLink and the Rise of 5GHowever, investors might have a much better reason to take an interest in CenturyLink. A recovery in the stock may come about from an unexpected source--5G wireless. Given the expected reach of 5G, one might think that reduces the demand for CenturyLink's fiber infrastructure. With a wireless signal reaching phones, tablets, laptops, and Internet of Things (IoT) devices, the average consumer will probably not want CenturyLink's fiber-based offerings.Still, businesses and wireless providers may see the situation differently. 5G brings real-time data, lower latency, and higher bandwidth capacity. However, that requires as many as 600 cells to cover the square mileage covered by just one site in the 4G world.To connect these cells to the larger network, wireless providers such as AT&T (NYSE:T), Verizon (NYSE:VZ), and T-Mobile (NASDAQ:TMUS) will need fiber.Fortunately, optical fiber has become the preferred medium for this purpose. Hence, a technology that some regard as the past could bring a needed component to connect the future. Final thoughts on CenturyLink stockAmid a falling revenue base in a falling business, CenturyLink may have positioned itself to connect the future with the rise of 5G. CTL stock has suffered for most of the decade as residential customers have abandoned landline phones and pay-TV plans. These consumer trends have reduced revenues and made many investors question the company's long-term viability. CTL responded by reducing the dividend and exploring options to reduce its debt.However, its saving grace could come in the form of 5G wireless. Rather than making fiber obsolete for customers, it may bolster the connectivity that makes 5G possible.The high dividend yield and the elevated debt levels make CenturyLink high risk. I agree with Ashworth that such an equity does not belong in a retirement account. However, for those wanting a low-cost play in 5G with a generous payout, CTL may provide a lucrative solution for risk-tolerant investors.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right * 7 Bank Stocks to Leave in the Vault * 7 Stocks for You to Profit From (Legal) Insider Trading Compare Brokers The post 5G Very Well May Be the Saving Grace for CenturyLink Stock appeared first on InvestorPlace.
Communication services was the hardest hit of the S&P 500's 11 sectors, led by the sharp selloff in Google-parent Alphabet Inc. shares. The SPDR Communication Services Select Sector ETF shed 1.9% in morning trade, putting it on track for a three-month closing low, while the S&P 500 gained 0.1%. The biggest drag was Alphabet's stock, which tumbled 5.6% on fears that the Department of Justice is preparing for a potential antitrust investigation. Among other big losers, shares of Facebook Inc. dropped 3.7%, CenturyLink Inc. gave up 2.7% and Twitter Inc. slid 2.4%. Meanwhile, the biggest gainers were shares of Verizon Communications Inc. tacked on 2.0% and AT&T Inc. rose 2.0%.
Overall, 14 stocks among the S&P 500 are down at least 50% from their 52-week highs. Are there bargains among them?
Qualcomm (QCOM) is seeking a stay on the anti-trust ruling by federal judge Lucy Koh, while InterDigital (IDCC) expects healthy revenues in second-quarter 2019.
The integration of managed and cloud solutions creates a strong value proposition for CenturyLink's SD-WAN service suite SANTA CLARA, Calif. , May 30, 2019 /PRNewswire/ -- Based on its recent analysis ...