On the date of publication, Stavros Georgiadis, CFA did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. Lumen Technologies stock could be a clear buy, but when you factor in the problem with revenue and its high debt level, it becomes a “hold.” That’s further supported by the fact that while its dividend yield is high - above 8% - it has an unstable track record. Specifically, its D/E ratio of 2.31x for the latest quarter is high and can harm future profitability. Other Broadband and Voice and Other reported negative revenue growth.Īpart from weak revenue growth, Lumen Technologies also has a high level of debt. For Mass Markets segment revenue, only Fiber Broadband showed an increase in revenue. For Q1 2022 total revenue was $4.67 billion, or a decline of 7% compared to total revenue of $5.02 billion in Q1 2021. So, you might want to look at some of the facts that could shape the stock's performance in the near term. If you dive into the details, 2018 was the last year that positive sales growth of 32.78% was reported. Lumen (LUMN) has been one of the most searched-for stocks on lately. Lumen Technologies has a trend that you should focus on first and foremost: Weak revenue growth. That’s especially true in a high inflation environment like that which we’re in today.
Companies that increase their dividends over time are considered more attractive than ones that keep their dividends stable. Why is it bad news? High inflation diminishes the value of money earned today. The bad news is that the firm kept the dividend stable at $1 per share.
#Lumn ticker free#
Furthermore, the free cash flow outlook increased to a range of $2.0 billion to $2.2 billion from a previous range of $1.6 billion to $1.8 billion. The Adjusted EBITDA forecast range increased between $6.9 billion to $7.1 billion from a previous range o $6.5 billion to $6.7 billion.
Lumens Technologies provided upbeat guidance for 2022, which should be supportive for LUMN stock moving forward. 4.25 2.48 at close -0.11 ( -4.25) after hours as of Mar 16, 07:10 PM EDT 2.47 -0.03 ( -1.00). Can Upbeat 2022 Guidance Power LUMN Stock Higher? The 10 analysts offering 12-month price forecasts for Lumen Technologies Inc have a median target of 2.88, with a high estimate of 5.00. International and Global Accounts revenue fell by 2% year-over-year and Large Enterprise fell by 7% - the largest decline for all sales channels. On the negative side, all business sales channels showed weak and negative revenue growth. On the positive side, net income of $599 million for the first quarter of 2022 was 21% higher year-over-year, and free cash flow excluding cash special items was strong coming in at $846 million compared to $850 million in the first quarter 2021. However, it reported revenue of $4.68 billion, which missed estimates by $5.54 million. Lumen reported EPS GAAP of 63 cents, which beat expectations by 18 cents. This means that CCOI’s stock grew significantly faster than LUMN’s over the last 12 months.Mixed Q1 2022 Earnings Give Reason for Skepticism This means that CCOI’s stock grew similarly to LUMN’s over the last 12 months.ĬCOI's P/E Growth Rating (7) in the Specialty Telecommunications industry is significantly better than the same rating for LUMN (93). This means that CCOI’s stock grew significantly faster than LUMN’s over the last 12 months.ĬCOI's Price Growth Rating (50) in the Specialty Telecommunications industry is in the same range as LUMN (50). The companys shares closed yesterday at 5.30.According to TipRanks, Lee is an analyst with an average return of -3.0 and a 40.91 success rate. This means that CCOI’s stock grew significantly faster than LUMN’s over the last 12 months.ĬCOI's SMR Rating (20) in the Specialty Telecommunications industry is significantly better than the same rating for LUMN (92). This means that LUMN’s stock grew somewhat faster than CCOI’s over the last 12 months.ĬCOI's Profit vs Risk Rating (30) in the Specialty Telecommunications industry is significantly better than the same rating for LUMN (100). LUMN's Valuation (24) in the Specialty Telecommunications industry is somewhat better than the same rating for CCOI (87).
0 kommentar(er)
