How Analysts Rate CenturyLink ahead of Q3 Earnings

As of October 30, 17 analysts from different brokerage firms have been actively tracking CenturyLink (CTL) stock. Nine rated the stock as a “hold,” two rated the stock as a “sell,” and six rated the stock as a “buy.” Nearly 53% of analysts gave the company “hold” recommendations.

Analysts’ consensus indicates that CenturyLink’s 12-month target price is $21.33, which means a potential return of 4.3% from the closing price of $20.46 as of October 30.

CenturyLink has generated returns of 11.2% in the trailing-12-month period and -3.5% in the trailing-one-month period. CenturyLink’s stock price decreased 4.8% in the last five trading days. In comparison, AT&T (T), Verizon (VZ), and Frontier Communications (FTR) have generated returns of -7.7%, 1.7%, and -7.9%, respectively, in the last five trading days.

CenturyLink’s 14-day MACD (moving average convergence divergence) is -0.92. In comparison, Frontier’s 14-day MACD is -0.52, and Windstream Holdings’ (WIN) 14-day MACD is -0.20. A stock’s MACD marks the change between its long-term and short-term moving averages. CenturyLink’s negative MACD number denotes a downward trading trend.