CenturyLink (CTL) Receives Daily News Impact Rating of 0.21
Media headlines about CenturyLink (NYSE:CTL) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CenturyLink earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.3775247318608 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Identify Stocks That Are Increasing In Volume: CenturyLink, Inc. (CTL) (nismagazine.com)
- CenturyLink (CTL) Raised to Equal Weight at Barclays (americanbankingnews.com)
- Turning Focus Towards JC Penney Company, Inc. (JCP) and CenturyLink, Inc. (CTL) Technicals – Market Movers (financialqz.com)
- Research Report For CenturyLink, Inc. (CTL) – Newsline (newsline.com)
- All Aboard The Internet Highway – Seeking Alpha (seekingalpha.com)
Shares of CenturyLink (NYSE CTL) traded up $0.52 during trading on Friday, hitting $16.99. 23,461,430 shares of the stock traded hands, compared to its average volume of 18,620,000. The firm has a market capitalization of $18,740.00, a P/E ratio of 8.49, a price-to-earnings-growth ratio of -5.28 and a beta of 0.79. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.82 and a current ratio of 0.82. CenturyLink has a twelve month low of $13.16 and a twelve month high of $27.61.
The company also recently announced a quarterly dividend, which was paid on Monday, December 11th. Investors of record on Monday, November 27th were given a $0.54 dividend. The ex-dividend date was Friday, November 24th. This represents a $2.16 annualized dividend and a yield of 12.71%. CenturyLink’s dividend payout ratio (DPR) is currently 372.41%.
A number of research firms recently commented on CTL. Zacks Investment Research upgraded CenturyLink from a “sell” rating to a “hold” rating in a report on Friday, October 13th. Barclays lowered their price target on CenturyLink from $23.00 to $19.00 and set an “underweight” rating on the stock in a report on Wednesday, October 4th. Jefferies Group reiterated a “hold” rating and set a $22.00 price target on shares of CenturyLink in a report on Tuesday, October 3rd. Deutsche Bank lowered their price target on CenturyLink from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Tuesday, October 10th. Finally, ValuEngine downgraded CenturyLink from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $22.87.
In other news, CEO Glen F. Post III bought 50,000 shares of CenturyLink stock in a transaction that occurred on Friday, December 8th. The stock was purchased at an average cost of $14.17 per share, with a total value of $708,500.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Martha Helena Bejar bought 7,000 shares of CenturyLink stock in a transaction that occurred on Friday, December 8th. The stock was purchased at an average cost of $14.28 per share, with a total value of $99,960.00. Following the completion of the transaction, the director now owns 25,991 shares of the company’s stock, valued at $371,151.48. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 150,595 shares of company stock valued at $2,154,131. 0.61% of the stock is owned by company insiders.
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.
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