CenturyLink (NYSE:CTL) Receiving Somewhat Positive Media Coverage, Analysis Shows

Media stories about CenturyLink (NYSE:CTL) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CenturyLink earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.9224822534191 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

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

NYSE CTL opened at $16.43 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.59. The firm has a market cap of $17,342.46, a PE ratio of 9.34, a price-to-earnings-growth ratio of -9.55 and a beta of 0.79. CenturyLink has a one year low of $13.16 and a one year high of $27.61.

CenturyLink (NYSE:CTL) last issued its quarterly earnings data on Wednesday, February 14th. The technology company reported $0.18 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.14). CenturyLink had a return on equity of 5.88% and a net margin of 7.87%. The business had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.69 billion. During the same period in the previous year, the firm posted $0.54 EPS. sell-side analysts forecast that CenturyLink will post 0.85 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Monday, March 5th were given a $0.54 dividend. The ex-dividend date of this dividend was Friday, March 2nd. This represents a $2.16 dividend on an annualized basis and a yield of 13.15%. CenturyLink’s payout ratio is 122.73%.

A number of brokerages have weighed in on CTL. Cowen set a $19.00 target price on shares of CenturyLink and gave the stock a “hold” rating in a research note on Thursday, February 15th. Zacks Investment Research lowered shares of CenturyLink from a “hold” rating to a “sell” rating in a research note on Monday, February 19th. Barclays reaffirmed a “hold” rating and issued a $17.00 price target on shares of CenturyLink in a research note on Friday, February 16th. Bank of America set a $27.00 price objective on shares of CenturyLink and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Finally, Guggenheim assumed coverage on shares of CenturyLink in a report on Tuesday, March 13th. They issued a “neutral” rating and a $17.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $21.65.

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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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