|Bid||11.04 x 1100|
|Ask||11.09 x 27000|
|Day's Range||10.97 - 11.20|
|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 (8.76%)|
|1y Target Est||12.92|
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...
CenturyLink Inc NYSE:CTLView full report here! Summary * Perception of the company's creditworthiness is neutral but improving * 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 | NeutralETF activity is neutral. ETFs that hold CTL had net inflows of $4.11 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow 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 | NeutralThe current level displays a neutral 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.
"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 ...
MONROE, La. , May 30, 2019 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) (the "Company" or "CenturyLink") announced today the results to date of its previously announced cash tender ...
You would think that it's a great time to be in telecom stocks.And it is, but even the best -- and biggest -- of the bunch are having trouble keeping up with all the change that's going on.As mobility expanded, most of the big players just bought the smaller up and comers and started building towers, laying cable, whatever it took to maintain their dominance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut as this trend continues to expand, there are players in various markets that are finding consistent growth tough to come by and the mergers with big players never materialized. Or, these are big players that just have nowhere to go now. * 7 Stocks to Sell Amid an Escalating Trade War These seven high-yield telecom stocks to avoid may have tantalizing dividends, but that income doesn't really matter if the stock isn't moving in the right direction. Also, high dividends can also be a last-ditch effort to keep investors. But a bad quarter will likely put that dividend at risk, and once it's cut, things get really ugly. Vodafone Group PLC (VOD)Vodafone Group PLC (NASDAQ:VOD) used to be a mobile darling, back when Motorola was a dominant mobile phone maker. Now it's in tough markets during tough times.Source: Shutterstock A U.K.-based firm, it is struggling at home with Brexit issues and a ban on Huawei telecom equipment. The latter issue means it's going to have to pull that equipment from its towers and replace it.As for its Africa, Middle East and Asia Pacific division, there's more competition from local telecoms that can get by on less than VOD. Big countries like India also have a vested interest in developing their own technology companies rather than relying on outsiders.Finally, its attempted merger with Liberty Global (NASDAQ:LBTYA) has sent the company into the convertible bond market to fund it. Adding more to its debt at this point is a real risk. It's likely why the stock is off nearly 40% in the past year.Sure the 6.23% dividend looks good, but it doesn't save you from the capital losses. Turkcell Iletisim Hizmetleri (TKC)Turkcell Iletisim Hizmetleri AS (NYSE:TKC), or Turkcell, is a major mobile provider in Turkey.Source: FlickrThe stock has withered from around $7 a year ago, to the mid-$4s today. That means its 6.16% dividend isn't going patch much of the leak in its asset pricing. Also bear in mind that after that significant price drop the dividend is only sitting at 6%. * 5 Safe Stocks to Buy This Summer The risks here are fundamentally political and geographical. The political risk is an authoritarian government that doesn't get along with most of its NATO allies and that has meant difficult trade deals and economic consistency. The Turkish lira has been extremely volatile and that isn't likely to recede.Geographically, Turkey shares a border with Syria, Iraq and Iran. And across those borders are the Kurdish people that have been a thorn in the side of many Turkish leaders for decades. Yet the Kurds have been great allies of the West in the region. Again, more volatility and Turkcell is hemmed in. Veon Ltd (VEON)Veon Ltd (NASDAQ:VEON) is a Dutch telecom firm that has operations in the Netherlands as well as throughout Europe, Asia and Africa. It's the eleventh largest mobile network with 214 million subscribers.Source: Shutterstock It delivers a 12% dividend yield and given the fact that it lost 4% in the past year, if you were a shareholder it could be worse.However, there's one number -- actually, there's more than one, to be honest -- that really sticks out. Its debt-to-equity ratio is at 214%. It owes $2 for every $1 it has in equity. The global telecom industry average according to Gurufocus.com is 74%.Its overseas markets include Russia, Algeria, Ukraine, Pakistan and Bangladesh. These aren't exactly growth markets now, or any time in the near future. What's more, they're all politically and economically unstable.Add to that the fact that Europe isn't doing well economically right now, and you have enough reasons to steer clear of this one for now. Telefonica (TEF)Source: Shutterstock Telefonica (NYSE:TEF) is a good sized international telecom and it has been around a very long time. Once the state-sponsored phone company of Spain, it has since expanded its territory across Europe and into South America.Given its size, it has a solid 5.69% dividend yield. The problem is, its South American operations tend to be wings or weights on its stock price. And at the current time, it's the latter. * 7 Safe Stocks to Buy for Anxious Investors TEF's current debt-to-equity ratio is more than 300%, which is huge. The problem is, Brazil has been a basket case for years and Argentina is also struggling. And that doesn't even include Venezuela.These issues weigh heavily on the parent as well as its regional subsidiaries. And those issues aren't going away anytime soon, given the global economic slowdown.The slowdown is also hurting Europe, as is the Brexit mess. It's not even worth bottom fishing right now. CenturyLink (CTL)CenturyLink Inc (NYSE:CTL) is a U.S.-based telecom that provides residential and business services around the U.S. Its merger with Level3 also opened it up to enterprise services and global customers in over 60 countries.Source: Shutterstock It generally provides a very high dividend -- currently around 9% -- but that usually comes at the price of the stock, which is off 43% in the past year.Most of CTL's business is in the U.S., in areas outside of major cities, where it may well be the only game in town for exurban and rural customers. That gives it some monopolistic qualities but also means it has to spend on equipment where people want cutting edge service but the populations don't help CTL recover the costs.That isn't a win-win situation. It either provides lesser quality service to those areas, which in turn makes for dissatisfied customers that actively avoid expanding services with CTL, or spending money on quality service that may take years to recoup since the population isn't dense enough to make a dent in the short term.Its debt-to-equity ratio is 180% and will likely remain much higher than average until it can figure out how to solve this fundamental problem. America Movil (AMOV)America Movil SAB de CV (NYSE:AMOV) is kind of the AT&T (NYSE:T) of Mexico. It provides mobile and fixed-line services in Mexico as well as pay television and equipment.Source: Shutterstock And its base economy is doing well. It's the rest of the business that is causing it trouble right now. With operations around South America, it is suffering in most of its major markets -- Brazil, Argentina, Paraguay and Uruguay.Its Central American operations aren't faring much better. El Salvador, Guatemala, Honduras and Nicaragua are also in bad economic shape at the moment. * 7 Stocks to Buy for Over 20% Upside Potential Its operations in Eastern Europe don't really mean that much to the bottom line and its Caribbean operations, which rely on Puerto Rico and Dominican Republic, aren't helping, especially all the repair work that needs to be done in PR.It's no surprise AMOV's debt-to-equity is a whopping 354% right now. And that's a dangerous amount of debt to have when the global economy is slowing.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post 6 High-Yield Telecom Stocks to Avoid appeared first on InvestorPlace.
CenturyLink's Stock Placement Compared to Its Peers(Continued from Prior Part)Moving averagesRecently, CenturyLink (CTL) fell below its 20-day moving average, which suggests bearish sentiment in its stock. On May 24, CenturyLink stock closed the
CenturyLink's Stock Placement Compared to Its Peers(Continued from Prior Part)Analysts’ consensus According to analysts’ consensus, CenturyLink (CTL) stock has a mean target price of $12.71 and a current market price of $10.11, which
CenturyLink's Stock Placement Compared to Its Peers(Continued from Prior Part)Forward PE ratioValuation multiples are commonly used in the telecom sector to compare different business entities. On May 24, CenturyLink (CTL) was trading at a 12-month
CenturyLink's Stock Placement Compared to Its PeersShareholder returns and stock trendsOn May 24, CenturyLink (CTL) stock’s closing price was $10.11 per share. The stock is trading 4.9% above its 52-week low of $9.64 per share and 58.2% below its
CenturyLink (CTL) plans to use the $18.8 million newly-bought property for office purposes. Additional announcements are likely to follow soon.