Somewhat Positive Media Coverage Somewhat Unlikely to Impact CenturyLink (CTL) Stock Price

Media headlines about CenturyLink (NYSE:CTL) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CenturyLink earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 46.2014275611381 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

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CTL has been the topic of a number of research reports. Royal Bank of Canada upgraded CenturyLink from a “sector perform” rating to an “outperform” rating in a report on Thursday, January 25th. They noted that the move was a valuation call. Goldman Sachs upgraded CenturyLink from a “sell” rating to a “neutral” rating and set a $19.00 price objective on the stock in a report on Monday, January 8th. Zacks Investment Research upgraded CenturyLink from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 9th. Barclays restated a “hold” rating and issued a $17.00 price objective on shares of CenturyLink in a report on Friday, February 16th. Finally, Bank of America set a $27.00 price objective on CenturyLink and gave the stock a “buy” rating in a report on Wednesday, February 21st. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $21.65.

Shares of CTL stock traded up $0.31 during trading hours on Monday, reaching $17.36. The company had a trading volume of 5,574,840 shares, compared to its average volume of 12,199,206. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.86 and a current ratio of 0.86. CenturyLink has a twelve month low of $13.16 and a twelve month high of $27.61. The firm has a market cap of $18,241.15, a P/E ratio of 11.81, a price-to-earnings-growth ratio of -10.05 and a beta of 0.79.

CenturyLink (NYSE:CTL) last posted its earnings results on Wednesday, February 14th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.14). CenturyLink had a net margin of 7.87% and a return on equity of 5.88%. The company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.69 billion. During the same quarter last year, the business posted $0.54 EPS. equities research analysts predict that CenturyLink will post 0.85 EPS for the current year.

In other CenturyLink news, major shareholder Holdings (Private) Ltd Temasek acquired 7,620,118 shares of the stock in a transaction on Wednesday, April 4th. The stock was purchased at an average price of $16.72 per share, for a total transaction of $127,408,372.96. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. 0.61% of the stock is owned by company insiders.

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CenturyLink Company Profile

CenturyLink, Inc provides various communications services to residential, business, wholesale, and governmental customers primarily in the United States. It operates in two segments, Business and Consumer. The company offers virtual private network data network services; Ethernet services; Internet protocol services; CenturyLink Prism TV that allows customers to watch television or cable channels and record up to four shows on one home digital video recorder; and Vyvx, which provides audio and video feeds over fiber or satellite for broadcast and production customers, as well as satellite digital television services.

Insider Buying and Selling by Quarter for CenturyLink (NYSE:CTL)

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