CenturyLink Inc. [NYSE: CTL] stock went on a downward path that fall over -2.18% on Monday, amounting to a one-week price decrease of less than -5.87%.
Over the last 12 months, CTL stock dropped by -5.54%. The one-year CenturyLink Inc. stock forecast points to a potential downside of -11.28. The average equity rating for CTL stock is currently 3.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $12.17 billion, with 1.08 billion shares outstanding and 991.49 million shares in the current float. Compared to the average trading volume of 11.90M shares, CTL stock reached a trading volume of 14112636 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on CenturyLink Inc. [CTL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CTL shares is $9.66 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CTL stock is a recommendation set at 3.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for CenturyLink Inc. shares, keeping their opinion on the stock as Perform, with their previous recommendation back on July 15, 2020. The new note on the price target was released on April 02, 2020, representing the official price target for CenturyLink Inc. stock. Previously, the target price had yet another drop from $14 to $7, while Goldman kept a Sell rating on CTL stock. On March 25, 2020, analysts decreased their price target for CTL shares from 13 to 6.
The Average True Range (ATR) for CenturyLink Inc. is set at 0.34, with the Price to Sales ratio for CTL stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 0.86, with the Price to Cash per share for the same quarter was set at 1.56. Price to Free Cash Flow for CTL in the course of the last twelve months was 6.56 with Quick ratio for the last quarter at 0.60.
CTL Stock Performance Analysis:
CenturyLink Inc. [CTL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.87. With this latest performance, CTL shares gained by 11.40% in over the last four-week period, additionally sinking by -13.65% over the last 6 months – not to mention a drop of -5.54% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CTL stock in for the last two-week period is set at 50.84, with the RSI for the last a single of trading hit 45.62, and the three-weeks RSI is set at 52.25 for CenturyLink Inc. [CTL]. The present Moving Average for the last 50 days of trading for this stock 10.25, while it was recorded at 11.10 for the last single week of trading, and 11.49 for the last 200 days.
Insight into CenturyLink Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and CenturyLink Inc. [CTL] shares currently have an operating margin of +17.92 and a Gross Margin at +33.46. CenturyLink Inc.’s Net Margin is presently recorded at -23.52.
Return on Total Capital for CTL is now 7.59, given the latest momentum, and Return on Invested Capital for the company is -10.29. Return on Equity for this stock declined to -31.65, with Return on Assets sitting at -7.81. When it comes to the capital structure of this company, CenturyLink Inc. [CTL] has a Total Debt to Total Equity ratio set at 270.62. Additionally, CTL Total Debt to Total Capital is recorded at 73.02, with Total Debt to Total Assets ending up at 56.30. Long-Term Debt to Equity for the company is recorded at 250.45, with the Long-Term Debt to Total Capital now at 67.58.
Reflecting on the efficiency of the workforce at the company, CenturyLink Inc. [CTL] managed to generate an average of -$123,976 per employee. Receivables Turnover for the company is 9.03 with a Total Asset Turnover recorded at a value of 0.33.CenturyLink Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.70.
CTL Stock EPS
With the latest financial reports released by the company, CenturyLink Inc. posted 0.31/share EPS, while the average EPS was predicted by analysts to be reported at 0.33/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CTL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CenturyLink Inc. go to 1.50%.
CenturyLink Inc. [CTL] Insider Position Details
There are presently around $9,217 million, or 79.30% of CTL stock, in the hands of institutional investors. The top three institutional holders of CTL stocks are: VANGUARD GROUP INC with ownership of 130,339,341, which is approximately -1.27% of the company’s market cap and around 0.70% of the total institutional ownership; TEMASEK HOLDINGS (PRIVATE) LTD, holding 97,259,407 shares of the stock with an approximate value of $1.05 billion in CTL stocks shares; and BLACKROCK INC., currently with $972.51 million in CTL stock with ownership of nearly -5.565% of the company’s market capitalization.
Positions in CenturyLink Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 317 institutional holders increased their position in CenturyLink Inc. [NYSE:CTL] by around 51,586,979 shares. Additionally, 331 investors decreased positions by around 53,702,330 shares, while 110 investors held positions by with 752,063,942 shares. The mentioned changes placed institutional holdings at 857,353,251 shares, according to the latest SEC report filing. CTL stock had 62 new institutional investments in for a total of 7,633,631 shares, while 81 institutional investors sold positions of 4,246,304 shares during the same period.