As of February 13, Verizon (VZ) was the largest US telecom player by market capitalization at $225.1 billion, followed by AT&T (T) at $217.2 billion. In the US wireline space, CenturyLink (CTL) has a market capitalization of $15.9 billion, as the below chart shows. Meanwhile, this metric for Windstream Holdings (WIN) and Frontier Communications (FTR) was $0.1 billion and $0.2 billion, respectively.
In the February 13 trading session, CenturyLink stock closed at $14.70, which is near its Bollinger Band mid-range level of $14.94, which suggests that CenturyLink stock is neither oversold nor overbought.
Forward EV-to-EBITDA valuation
As of February 13, CenturyLink has estimated EV-to-EBITDA (enterprise value-to-earnings before interest, tax, depreciation, and amortization) ratios of 5.75x and 5.81x, respectively, for fiscal 2019 and fiscal 2020. The forward EV-to-EBITDA ratios for Windstream and Frontier are 5.46x and 5.14x, respectively, in fiscal 2019.
Short interest ratio
As of February 13, CenturyLink stock’s short interest as a percentage of float (or short interest ratio) was ~9.96%. A stock’s short interest ratio of higher than 40% suggests that investors and traders foresee a fall in the stock’s price.