Market Update: CenturyLink Inc (NYSE:CTL) – CenturyLink wins DISA network fair opportunity awards

[PR Newswire] – WASHINGTON, Jan. 27, 2016 /PRNewswire/ — CenturyLink, Inc. (NYSE: CTL) recently won four fair opportunity award decisions from the U.S. Defense Information Systems Agency (DISA) to provide network and … Read more on this. CenturyLink, Inc. (CTL) , with a current market cap of $13.47B, opened this morning at $24.38. Looking at today’s market, CTL one day range is $24.23 to $24.72 and has traded between $21.94 and $40.59 over the past 12 months. CTL shares are currently priced at 9.30x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 21.33x forward p/e ratio. The company pays shareholders $2.16 per share annually in dividends, yielding 9.08%. Consensus earnings for the current quarter by the 14 sell-side analysts covering the stock is an estimate of $0.65 per share, which would be $0.05 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $2.56 which would be a $0.05 worse than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $4.42 Billion. If reported, that would be a 0.45% decrease over the year-ago quarter. In terms of ratings, RBC Capital Mkts Initiated CTL at Sector Perform (Sep 22, 2015). Previously, Barclays Initiated CTL at to Underweight. The average price target for CTL shares is $29.38, which is 20.51% above where the stock opened this morning. See more in (NYSE:CTL) Similar Articles: Stock Update: CenturyLink Inc (NYSE:CTL) – [$$] Adtran’s AT&T and CenturyLink Opportunity Market Update: CenturyLink Inc (NYSE:CTL) – CenturyLink Schedules Fourth Quarter 2015 Earnings Conference Call Market Update: CenturyLink Inc (NYSE:CTL) – Iowa Communications Network announces CenturyLink as its unified communications-as-a-service provider for government voice services