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.
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.
Tesla bears had made a whopping $2.75 billion in mark-to-market gains this year as of August 9, making it the most profitable US short bet year-to-date.
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.
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.”
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 […]
Of the 16 Reuters-surveyed analysts covering CenturyLink (CTL) stock on May 3, 63% recommended “hold,” 25% recommended “sell,” and 12% recommended “buy.”
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.
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 […]
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).
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.”
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.
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 […]
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.
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, 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.
Frontier Communications (FTR) will publish its 3Q17 results on October 31, 2017. Analysts expect Frontier’s EPS (earnings per share) to fall $1.09 in 3Q17.
CenturyLink (CTL) posted a fall in revenue of 2.4% in 2016 after a 1.0% fall in 2015. Legacy services and the data integration segments drove the fall.
Frontier Communications (FTR) stock fell 13.0% in September 2017, closing the month at $11.79. It’s now trading 1.2% above its 52-week low and 82.0% below its 52-week high.
