Shares Trading down at $21.66 (CTL) CenturyLink (CTL) ALERT: J&W Announces…


CenturyLink, Inc. (NYSE:CTL):

CenturyLink (CTL) ALERT: J&W Announces Filing of Class Action Complaint Against CenturyLink, Inc.; Encourages all Investors to Contact the Firm for Information.

The company is down since yesterday’s close of $21.68.

The company recently announced a dividend for shareholders paid on Friday June 16th, 2017. The dividend was $0.540 per share for the quarter which comes to $2.16 on an annualized basis. The dividend yield was $9.90. The ex-dividend date was Thursday the 1st of June 2017.

CenturyLink, Inc., launched on May 7, 1968, is an integrated communications company. The Company is involved in providing an array of communications services to its residential and business customers. The Business’s segments include business and consumer. Its communications services include local and long-distance voice, broadband, Multi-Protocol Label Switching (MPLS), private line (including special access), Ethernet, colocation, hosting (including cloud hosting and managed hosting), data integration, video, network, public access, Voice over Internet Protocol (VoIP), information technology and other ancillary services..

It is trading at $21.66 which is well below $23.18, the 50 day moving average and which is quite a bit below the 200 day moving average of $24.32. The 50 day moving average was down by -6.55% and the 200 day average moved down $-2.66.

The most current P/E ratio is 31.39 and the market value is 11.90B. As of the last earnings report the EPS was $0.69 and is projected to be $1.95 for the current year with 549,609,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.50 with next year’s EPS anticipated to be $1.91.

Brokerages have provided guidance on the stock recently. On May 15 the stock rating was downgraded to “Underperform” from “Outperform” in a report issued by Raymond James.