Stock Update (NYSE:CTL): CenturyLink joins U.S. Department of Energy’s Better Buildings Challenge for energy efficiency improvements in data centers

[CNW Group] – CenturyLink joins U.S. Department of Energy’s Better Buildings Challenge for energy efficiency improvements in data centers Read more on this. CenturyLink, Inc. (CTL) , valued at $14.82B, finished at $27.12. Looking at today’s trading action, the company’s one day range from $27.05 to $27.15 with a trailing 52-week range being $21.94 to $33.30. CenturyLink (CTL) shares are currently priced at 10.51x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 20.56x earnings multiple for the same period. The company pays shareholders $2.16 per share in dividend income per year, for a current yield of 8.06%. In a review of the consensus earnings estimate this quarter, 15 sell-side analysts are looking at $0.59 per share, which would be $0.04 better than the year-ago quarter and a $0.05 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.58, which would be a $0.13 worse when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $4.40 Billion. If reported, that would be a 0.45% decrease over the year-ago quarter. In terms of ratings, Wells Fargo downgraded CTL from Outperform to Market Perform (May 3, 2016). Previously, Jefferies downgraded CTL from Hold to Underperform. When considering if the stock is under or overvalued, the average price target is $29.93, which is 10.36% above where the stock opened this morning. See more in (NYSE:CTL) Similar Articles: Company Update (NYSE:CTL): When Will CenturyLink’s Data Center Transaction Be Finalized? Company Update: CenturyLink Inc (NYSE:CTL) – CenturyLink joins G2G Marketplace, a technology procurement center for U.S. state and local government agencies Stock Update: CenturyLink Inc (NYSE:CTL) – Adtran’s AT&T and CenturyLink Opportunity