Analyst Ratings for CenturyLink Inc. (CTL)

Updated: 2017-07-27

CenturyLink Inc. (NYSE:CTL) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, CTL was issued an average rating of Hold.

18 analysts issued ratings on the stock, where 7 gave CTL a buy rating, 0 issued an overweight rating, 8 gave a hold rating, 0 gave an underweight rating, and 3 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for CTL. The most optimistic analyst gave a price target of 42, implying a possible profit of 79.22 percent. The most pessimistic price target was 19, which equates to a potential downside of -18.92 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 2.08 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -12.47 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.47 percent. If we look at the last 90 days instead, we find a net average change of -3.87 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 4 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.

Analysts estimate earnings of CTL to grow at a rate of 111.23 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CTL is 0.21.

In the last 52-weeks, CTL has achieved a high of 33.45 and a low of 22.26. The current market price is above the trailing year's low by 5.28 percent, and below the high by 29.94 percent. CTL has a P/E ratio of 22.94. Investors typically compare the P/E ratio to a company's peers in the industry. The CTL value stock report compares CTL to some of its peers using value stock charts. The stock has a market capitalization of $12.55 billion. CTL's next earnings release will be on 0000-00-00, which is days away.