CenturyLink Inc

On April 1, CenturyLink stock fell 7.1% and closed at $8.79 with a market cap of $9.6 billion. The stock price has fallen 2.9% in the trailing five-day period.

On Tuesday, CenturyLink stock rose 14.5% and closed at $9.95 with a market cap of $10.8 billion. The stock price has fallen 8.4% in the trailing five-day period.

CenturyLink will report its fourth-quarter earnings results after the market closes today. Analysts expect sales of $5.5 billion in the fourth quarter.

Yesterday, CenturyLink stock rose after it won a $1.6 billion order. The stock rose by about 1.4% in pre-market trading today.

CenturyLink (CTL) stock closed the trading day on January 2 at $12.92, a fall of 2.2%. The stock is trading 22.9% lower than its 52-week high of $16.75.

CenturyLink (CTL) stock was at $13.16 on December 24. This is down 0.23% from the previous session. However, CenturyLink generates robust free cash flow.

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CenturyLink (CTL) stock was up ~7.3% and was trading at $11.70 as of 2:17 PM ET on June 27 after Wells Fargo upgraded its stock. Wells Fargo upgraded its rating on CTL to an “outperform” from a “market perform” and raised the stock’s target price to $14 from $12.

On June 21, Frontier Communications (FTR) had a trailing 12-month EV-to-EBITDA multiple of 4.94x. As of June 21, Frontier Communications had a market capitalization of $0.15 billion.

On June 21, CenturyLink stock closed the trading day at $11.34. On the downside, the company’s immediate support lies near $11.26, while $11.42 could act as an immediate resistance level on a daily basis.

According to analysts’ consensus, CenturyLink (CTL) stock has a mean target price of $12.77 and a current market price of $11.35, which suggests an upside potential of 12.5% in the next 12 months.

On June 20, CenturyLink was trading at a 12-month forward PE ratio of 8.60x. Charter Communications and Comcast’s 12-month forward PE ratios were 38.15x and 13.65x, respectively.

On June 20, CenturyLink’s (CTL) closing price was $11.35 per share. The stock is trading 17.7% above its 52-week low of $9.64 per share and 53.1% below its 52-week high of $24.20 per share.

In the first quarter, CenturyLink (CTL) reported an adjusted net income and diluted EPS of $360 million and $0.34, respectively—compared to $262 million and $0.25 in the first quarter of 2018.

CenturyLink’s (CTL) top line has been declining in the last few quarters. In the first quarter, the company reported net revenues of $5.6 billion—a fall of 5.0% on a year-over-year basis.

CenturyLink (CTL) stock has risen close to 7.8% since the beginning of June. CenturyLink stock is trading at a forward PE ratio of 8.69x. The company’s earnings are estimated to rise 10.1% in 2019.

According to Wall Street analysts’ consensus estimate, CenturyLink (CTL) stock has a mean price target of $12.92.

CenturyLink stock’s closing price was $10.33 per share on June 10. The stock was trading 7.2% above its 52-week low of $9.64 per share.

On June 4, CenturyLink closed at $10.35, which was 0.1% higher than its previous closing price.

Recently, CenturyLink (CTL) fell below its 20-day moving average, which suggests a bearish sentiment in its stock.

On May 24, CenturyLink (CTL) stock’s closing price was $10.11 per share. The stock is trading 4.9% above its 52-week low of $9.64 per share.

Among the 16 analysts tracking CenturyLink, two recommended a “buy,” 11 recommended a “hold,” and three recommended a “sell” as of May 14.

Recently, CenturyLink (CTL) fell below its 20-day moving average, indicating a bearish sentiment in its stock.

Of the 16 Reuters-surveyed analysts covering CenturyLink stock on May 9, 12% have given it “buys,” 19% have given it “sells,” and 69% have given it “holds.”

CenturyLink (CTL) stock’s closing price was $10.86 per share on May 9.

Forward PE In this article, we’ll take a look at how CenturyLink (CTL) is valued following its first-quarter earnings results. On May 9, CenturyLink was trading at a 12-month forward PE ratio of 8.54x. Comcast’s (CMCSA) and Charter Communications’ (CHTR) 12-month forward PE multiples were 13.58x and 38.31x, respectively. A company’s PE ratio represents the […]

CenturyLink’s outlook for 2019 In its first-quarter earnings investor presentation, CenturyLink (CTL) reiterated its guidance for 2019. For 2019, CenturyLink expects its adjusted EBITDA to come in at $9.0 billion–$9.2 billion. Further, its free cash flow is expected to be between $3.1 billion and $3.4 billion. The company also intends to continue paying dividends in 2019 and […]

CenturyLink (CTL) reported its first-quarter earnings results on May 8.

According to the data compiled by Reuters, as of May 8, among the 16 analysts tracking CenturyLink (CTL) stock, two have given it “buys.”

CenturyLink (CTL) reported its first-quarter earnings results after the market closed on May 8.

Recently, CenturyLink (CTL) fell below its 20-day moving average, suggesting bearishness.

Of the 16 Reuters-surveyed analysts covering CenturyLink (CTL) stock on May 3, 63% recommended “hold,” 25% recommended “sell,” and 12% recommended “buy.”

On May 3, CenturyLink’s (CTL) 12-month forward PE multiple was 9.49x, while Comcast’s (CMCSA) and Charter Communications’ (CHTR) multiples were 13.75x and 38.41x, respectively.

CenturyLink (CTL) is scheduled to report its first-quarter earnings results on May 8.

CenturyLink (CTL) is scheduled to report its first-quarter earnings results on May 8. Analysts expect CenturyLink’s adjusted EPS to reach $0.27.

Among the 16 analysts tracking CenturyLink, two recommended a “buy,” ten recommended a “hold,” and four recommended a “sell.”

For the first quarter, analysts expect Frontier Communications (FTR) to report an adjusted EBITDA of $864 million.

Frontier Communications (FTR) is scheduled to report its first-quarter earnings results on April 30.

CenturyLink’s stock price has fallen 18.8% year-to-date. The stock has generated a return of -5.2% in the trailing one-month period.

Analysts expect CenturyLink’s revenues to see YoY changes of -3.5% to $5.73 billion in the first quarter.

Frontier Communications (FTR) went below its 20-day and 100-day moving averages, which suggests a bearish sentiment in the company.

On March 21, Frontier Communications (FTR) stock had a closing price of $2.41 per share.

Frontier Communications’ (FTR) revenues have been falling sequentially over the past few quarters.

Early this month, Guggenheim downgraded PayPal (PYPL) stock to a “neutral” from a “sell.”

CenturyLink (CTL) has a market capitalization of $15.9 billion.

Analysts expect CenturyLink (CTL) to report a ~2.5% fall in its consolidated revenues to $22.9 billion in 2019 compared to $23.4 billion in 2018.

CenturyLink’s (CTL) top line has been declining over the past few quarters on a pro forma basis.

CenturyLink reported its fourth-quarter results after the market closed on February 13. CenturyLink reported an adjusted EPS of $0.37.

On February 5, in the US wireline space, Frontier Communications (FTR) had a market cap of $0.2 billion.

As of January 22, Verizon (VZ) was the largest US telecom player by market capitalization at $235.5 billion.

In the third quarter, CenturyLink’s total operating revenues declined by ~3.6% YoY to reach $5.8 billion on a pro forma basis.

Recently, Frontier Communications went below its short-term moving average, which suggests bearish sentiment in the company.

On December 27, Frontier Communications stock closed at $2.25 per share. Frontier Communications has a market capitalization of $0.2 billion.

CenturyLink (CTL) is planning to cut as many as 175 jobs in the 16 states the company serves.

CenturyLink’s (CTL) pro forma top line has been declining over the past few quarters.

In the first nine months of 2018, CenturyLink’s adjusted EPS grew ~58.8% year-over-year from $0.51 to $0.81.

As of November 27, 14 analysts from different brokerage companies have been actively tracking Frontier Communications (FTR) stock.

Earlier this month, the (American Cable Association) asked the government to investigate Comcast’s (CMCSA) business practices.

Frontier Communications (FTR) stock’s closing price on November 8 was $4.01 per share. Based on that closing price, Frontier has a market capitalization of $0.4 billion.

Recently, CenturyLink (CTL) fell below its short-term (20-day) moving average, which indicates a bearish sentiment in the company.

As of October 30, 17 analysts from different brokerage firms have been actively tracking CenturyLink (CTL) stock.

On August 22, Frontier’s 20-day MA of $5.31 was lower than its 100-day MA of $7.05, indicating technical weakness.

T-Mobile was the top bidder in the last government spectrum auction, which Sprint and Verizon (VZ) didn’t participate in.

On July 27, CenturyLink’s 20-day moving average of $19.21 was higher than its 100-day moving average of $18.14.

The closing price for CenturyLink (CTL) stock on July 27 was $18.37. Based on that, CenturyLink has a market cap of $19.8 billion.

CenturyLink (CTL) is expected to report its results for the second quarter on August 8. Analysts expect EPS of $0.25.

AT&T (T) has agreed to pay $5.3 million to settle an FCC (Federal Communications Commission) investigation in regards to 911 service outages.

CenturyLink continues to invest in its network to boost fiber-optic connectivity as well as to provide enhanced speeds.

In Q1 2018, on a net basis, CenturyLink lost 58,000 broadband customers.

Earlier this year, Frontier Communications (FTR) announced that it was terminating its dividend payments.

In the first quarter, CenturyLink spent $0.8 billion on capital expenditures.

CenturyLink’s total operating revenues fell ~1.7% YoY (year-over-year) to reach $5.9 billion in the first quarter on a pro forma basis.

CenturyLink focuses on bundling and retention The top cable companies continue to show strong momentum in the US (SPY) broadband space. Charter Communications (CHTR) and Comcast (CMCSA) adding the most broadband subscribers over the past few quarters, given the higher speeds. Let’s take a look at the performance of CenturyLink’s (CTL) Broadband segment, which is […]

CTL’s adjusted EPS rose ~78.6% YoY to $0.25 in the first quarter, up from $0.14 in the first quarter of 2017.

CenturyLink (CTL) stock’s closing price on April 25 was $18.50 per share.

As of April 25, 2018, 19 analysts from different brokerage firms actively track CenturyLink (CTL) stock.

The fourth quarter of 2017 was a tough quarter for the major US wireline telecom companies such as CenturyLink (CTL), Windstream (WIN), and Frontier (FTR).

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Of the 19 analysts tracking CenturyLink (CTL) stock on March 16, 2018, 11 (~58%) recommended “hold,” one (~5%) recommended “sell,” and seven (~37%) recommended “buy.”

As of March 16, 2018, AT&T (T) was the largest US telecom player, with a market capitalization of ~$227.2 billion.

Top US cable companies continue to show strong momentum in the broadband market.

CenturyLink (CTL), an American telecommunications company, completed its acquisition of Level 3 in November 2017.

The analyst consensus for Frontier’s 12-month target price is $8.72, which means a potential return of 9% from the closing price of $8.03 as of March 12, 2018.

In January, AT&T (T) announced that its CWA (Communications Workers of America) represented employees approved the labor agreement it had reached with workers back in December.

Frontier (FTR) stock was trading at $6.81 by the end of February 9, 2018, which represents a fall of ~17.6% from its closing price on January 26.

As of February 1, 2018, Frontier’s (FTR) dividend yield was ~29.8%, which higher than CenturyLink’s (CTL) dividend yield of ~12.2%.

Five of the 16 analysts rated Frontier Communications stock gave it a “sell,” while three rated the stock as a “buy,” and eight rated the stock as a “hold.”

Peer comparison In 4Q17, Crown Castle (CCI) had FFO[1.funds from operations] per share of $1.25, and in 2018, it’s expected to see FFO per share of $5.23 due to its acquisition of Lightower. The company is expected to grow 7.8% in 2018, 11.4% in 2019, and at a five-year rate of 15.5%. Trading slightly lower rate than the industry […]

Crown Castle’s dividend policy In 4Q17, Crown Castle (CCI) announced a dividend of $0.95 per share, bringing its 2017 dividend to $3.89, compared with $3.60 in 2016. It paid a dividend of $3.34 in 2015. Its dividend yield is currently 3.8%, and its three-year dividend growth rate is 27.8%. The company achieved its long-term annual dividend growth target of […]

Crown Castle (CCI) has increased its site rental revenue estimate for 2018 by $36 million to $4.6 billion, representing a 26% YoY (year-over-year) gain.

Analysts’ recommendations Of the 18 analysts tracking CenturyLink (CTL) stock on January 30, 2018, ten (56%) recommended “hold,” seven recommended “buy,” and one recommended “sell.” Median target price On January 30, analysts’ median target price for CenturyLink was $18, and the company’s closing price was $17.81. CenturyLink has returned -31% in the last 12 months, 6.8% in […]

CenturyLink’s scale As of January 30, 2018, AT&T (T) had a market capitalization of ~$229.8 billion, making it the largest US telecom player, followed by Verizon (VZ) with a market cap of ~$219.9 billion. In the US wireline space, CenturyLink (CTL) had a market cap of ~$19.0 billion, as shown in the below chart. Meanwhile, Windstream […]

Over the past two years, Verizon has boosted its presence in online advertising, streaming videos, and adjacent wireless markets by acquiring a number of companies.

Frontier (FTR) fell 13.6% in the week ended December 22, 2017, to close at $6.98.

The top cable companies continue to show strong momentum in the US broadband market with Comcast (CMCSA) and Charter (CHTR) adding the most broadband customers in 3Q17 given the higher speeds.

In 3Q17, CenturyLink spent $0.8 billion on capex, up from $0.7 billion in 3Q16.

CenturyLink reported softer-than-expected revenues and adjusted EBITDA in 3Q17.

In 3Q17, Charter has spent $2.39 billion on capex, including $125 million on transition-related expenses.

In 3Q17, Frontier spent $0.27 billion on capex compared to $0.4 billion in 3Q16. The telecom company has been spending a lot to improve its network potential.