Centurylink (CTL) Earns News Impact Score of 0.25

News coverage about Centurylink (NYSE:CTL) has trended positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Centurylink earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.4858175761705 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Shares of Centurylink (NYSE CTL) traded down $0.11 during midday trading on Friday, reaching $17.36. The company’s stock had a trading volume of 11,520,516 shares, compared to its average volume of 16,840,000. The stock has a market cap of $18,560.00, a P/E ratio of 29.93, a price-to-earnings-growth ratio of -7.80 and a beta of 0.79. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.82 and a quick ratio of 0.82. Centurylink has a 12 month low of $13.16 and a 12 month high of $27.61.

Centurylink (NYSE:CTL) last announced its quarterly earnings results on Wednesday, November 8th. The technology company reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.03). The business had revenue of $4.03 billion for the quarter, compared to analysts’ expectations of $4.06 billion. Centurylink had a return on equity of 7.99% and a net margin of 1.89%. The firm’s quarterly revenue was down 7.9% on a year-over-year basis. During the same period last year, the firm earned $0.56 earnings per share. equities analysts anticipate that Centurylink will post 1.56 earnings per share for the current year.

CTL has been the subject of several research analyst reports. Royal Bank of Canada restated a “hold” rating and set a $25.00 price target on shares of Centurylink in a research report on Monday, September 18th. Jefferies Group reiterated a “hold” rating and issued a $22.00 target price on shares of Centurylink in a report on Tuesday, October 3rd. Barclays decreased their target price on Centurylink from $23.00 to $19.00 and set an “underweight” rating for the company in a report on Wednesday, October 4th. Deutsche Bank decreased their target price on Centurylink from $23.00 to $20.00 and set a “hold” rating for the company in a report on Tuesday, October 10th. Finally, Zacks Investment Research upgraded Centurylink from a “sell” rating to a “hold” rating in a report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $22.37.

In other Centurylink news, CEO Glen F. Post III purchased 50,000 shares of the firm’s stock in a transaction on Friday, December 8th. The stock was bought at an average cost of $14.17 per share, with a total value of $708,500.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Virginia Boulet purchased 5,095 shares of the firm’s stock in a transaction on Monday, December 11th. The shares were acquired at an average cost of $15.48 per share, with a total value of $78,870.60. Following the completion of the acquisition, the director now directly owns 42,820 shares in the company, valued at $662,853.60. The disclosure for this purchase can be found here. Insiders have acquired a total of 150,595 shares of company stock valued at $2,154,131 over the last ninety days. 0.61% of the stock is owned by company insiders.

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About Centurylink

CenturyLink, Inc is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers. Its segments include business, which provides strategic, legacy and data integration products and services to small, medium and enterprise business, wholesale and governmental customers, including other communication providers, and consumer, which provides strategic and legacy products and services to residential customers.

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

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