For Lumen Technologies Inc. [LUMN], Analyst sees a rise to $13. What next?

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Lumen Technologies Inc. [NYSE: LUMN] gained 1.20% or 0.15 points to close at $12.70 with a heavy trading volume of 9436974 shares. The company report on December 30, 2021 that Lumen Technologies to Present at the Citi AppsEconomy Conference.

Jeff Storey, president and chief executive officer at Lumen Technologies (NYSE: LUMN), will present at the Citi AppsEconomy Conference on Jan. 6. The presentation is scheduled to begin at noon EST.


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Webcast information for the investor presentation can be found on the Lumen Investor Relations website at https://ir.lumen.com/events-and-presentations.

It opened the trading session at $12.61, the shares rose to $12.835 and dropped to $12.60, the range by which the price of stock traded the whole day. The daily chart for LUMN points out that the company has recorded -5.22% loss over the past six months. However, it is still -31.33% lower than its most recent low trading price.

If we look at the average trading volume of 10.46M shares, LUMN reached to a volume of 9436974 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Lumen Technologies Inc. [LUMN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LUMN shares is $11.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LUMN 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.

Citigroup have made an estimate for Lumen Technologies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 04, 2021. The new note on the price target was released on May 20, 2021, representing the official price target for Lumen Technologies Inc. stock.

The Average True Range (ATR) for Lumen Technologies Inc. is set at 0.37, with the Price to Sales ratio for LUMN stock in the period of the last 12 months amounting to 0.65. The Price to Book ratio for the last quarter was 1.21, with the Price to Cash per share for the same quarter was set at 0.62. Price to Free Cash Flow for LUMN in the course of the last twelve months was 4.86 with Quick ratio for the last quarter at 1.40.

Trading performance analysis for LUMN stock

Lumen Technologies Inc. [LUMN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.94. With this latest performance, LUMN shares gained by 3.34% in over the last four-week period, additionally sinking by -5.22% over the last 6 months – not to mention a rise of 30.66% 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 LUMN stock in for the last two-week period is set at 51.52, with the RSI for the last a single of trading hit 53.82, and the three-weeks RSI is set at 50.52 for Lumen Technologies Inc. [LUMN]. The present Moving Average for the last 50 days of trading for this stock 12.81, while it was recorded at 12.68 for the last single week of trading, and 13.03 for the last 200 days.

Lumen Technologies Inc. [LUMN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Lumen Technologies Inc. [LUMN] shares currently have an operating margin of +17.40 and a Gross Margin at +33.42. Lumen Technologies Inc.’s Net Margin is presently recorded at -5.95.

Return on Total Capital for LUMN is now 7.61, given the latest momentum, and Return on Invested Capital for the company is -2.76. Return on Equity for this stock declined to -10.00, with Return on Assets sitting at -1.98. When it comes to the capital structure of this company, Lumen Technologies Inc. [LUMN] has a Total Debt to Total Equity ratio set at 301.21. Additionally, LUMN Total Debt to Total Capital is recorded at 75.08, with Total Debt to Total Assets ending up at 56.61. Long-Term Debt to Equity for the company is recorded at 276.07, with the Long-Term Debt to Total Capital now at 68.81.

Reflecting on the efficiency of the workforce at the company, Lumen Technologies Inc. [LUMN] managed to generate an average of -$31,590 per employee. Receivables Turnover for the company is 9.48 with a Total Asset Turnover recorded at a value of 0.33.Lumen Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.

Lumen Technologies Inc. [LUMN]: An earnings per share (EPS) analysis

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 LUMN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lumen Technologies Inc. go to -11.70%.

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An analysis of insider ownership at Lumen Technologies Inc. [LUMN]

There are presently around $10,247 million, or 82.00% of LUMN stock, in the hands of institutional investors. The top three institutional holders of LUMN stocks are: VANGUARD GROUP INC with ownership of 125,403,945, which is approximately -1.023% of the company’s market cap and around 0.20% of the total institutional ownership; TEMASEK HOLDINGS (PRIVATE) LTD, holding 97,259,407 shares of the stock with an approximate value of $1.22 billion in LUMN stocks shares; and BLACKROCK INC., currently with $1.21 billion in LUMN stock with ownership of nearly -0.057% of the company’s market capitalization.

Positions in Lumen Technologies Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 333 institutional holders increased their position in Lumen Technologies Inc. [NYSE:LUMN] by around 37,832,339 shares. Additionally, 313 investors decreased positions by around 58,262,261 shares, while 135 investors held positions by with 720,372,435 shares. The mentioned changes placed institutional holdings at 816,467,035 shares, according to the latest SEC report filing. LUMN stock had 77 new institutional investments in for a total of 3,950,436 shares, while 76 institutional investors sold positions of 7,629,928 shares during the same period.