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CenturyLink: Analysts’ Consensus Target Price Is Falling

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CenturyLink’s stock performance

Analysts’ mean target price for CenturyLink (CTL) is $12.71 compared to its last closing price of $10.35—an estimated rise of 22.8% over the next 12 months. Based on Reuters data, among the 16 analysts tracking CenturyLink, two recommended a “buy,” 12 recommended a “hold,” and two recommended a “sell” as of June 4.

On June 4, CenturyLink closed at $10.35, which was 0.1% higher than its previous closing price, 57.2% lower than its 52-week high of $24.20, and 7.4% higher than its 52-week low of $9.64. The company’s market cap is $11.1 billion.

Based on CenturyLink’s closing price on June 4, the company has reported returns of 2.2% in the last five trading days, -11.4% in the trailing one-month period, and -41.3% in the trailing 12-month period. The company has reported returns of -31.7% year-to-date.

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Growth projections

Analysts expect CenturyLink’s revenues to see YoY (year-over-year) changes of -4.8% to $5.62 billion in the second quarter, -4.0% to $5.59 billion in the third quarter, and -3.8% to $5.56 billion in the fourth quarter. Analysts also expect CenturyLink’s adjusted EPS to see YoY changes of 19.2% to $0.31 in the second quarter, 6.7% to $0.32 in the third quarter, and -13.5% to $0.32 in the fourth quarter.

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