With 10.07 million shares changed hands, the volume of the stock remained lighter than its average volume of 16.44 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $6.505 whereas the lowest price it dropped to was $6.23. The 52-week range on LUMN shows that it touched its highest point at $10.33 and its lowest point at $0.97 during that stretch. It currently has a 1-year price target of $4.96. LUMN paid its most recent dividend on 1661731200, while the ex-dividend date for that was 1661731200. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LUMN was down-trending over the past week, with a drop of -7.57%, but this was down by -35.04% over a month. Three-month performance surged to 14.52% while six-month performance rose 406.50%. The stock gained 318.12% in the past year, while it has gained 240.44% so far this year. A look at the trailing 12-month EPS for LUMN yields -2.17 with Next year EPS estimates of -0.69. For the next quarter, that number is -0.06. This implies an EPS growth rate of -269.04% for this year and -103.38% for next year. EPS is expected to decline by -2.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -45.15%.
Float and Shares Shorts:
At present, 1.01 billion LUMN shares are outstanding with a float of 937.02 million shares on hand for trading. On 2024-11-29, short shares totaled 70.31 million, which was 692.99996 higher than short shares on 1730332800. In addition to Ms. Kathleen E. Johnson as the firm’s President, CEO & Director, Mr. Christopher David Stansbury serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.65731 of LUMN’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, LUMN reported revenue of $3221000000.0 and operating income of $88000000.0. The EBITDA in the recently reported quarter was $883000000.0 and diluted EPS was -$0.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LUMN since 7 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LUMN analysts setting a high price target of 8.0 and a low target of 2.0, the average target price over the next 12 months is 5.243. Based on these targets, LUMN could surge 28.41% to reach the target high and fall by -67.9% to reach the target low. Reaching the average price target will result in a decline of -15.84% from current levels.
Analysts have provided yearly estimates in a range of -$0.3313 being high and -$0.34146 being low. For LUMN, this leads to a yearly average estimate of -$0.33808. The surprise factor in the prior quarter was -$0.04. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.25. The average estimate for the next quarter is thus -$0.16.
