![]() ![]() All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. ![]() It is this reason that could see investor optimism for the LUMN stock continues to rise going into the next quarter.Most stock quote data provided by BATS. Current price change has pushed the stock -64.75% YTD, which shows the potential for further growth is there. (LUMN) stood at 13.78% of shares outstanding, with shares short falling to 140.19 million registered in Apr 13, 2023. The data shows that as of short interest in Lumen Technologies Inc. Also important is the data on short interest which shows that short shares stood at 138.39 million on May 14, 2023, giving us a short ratio of 6.99. The 0.10% of Lumen Technologies Inc.’s shares are in the hands of company insiders while institutional holders own 80.90% of the company’s shares. The company’s latest data on shares outstanding shows there are 1.00 billion shares. (NYSE:LUMN), historical trading data shows that trading volumes averaged 24.35 million over the past 10 days and 28.04 million over the past 3 months. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.38% and 0.27% respectively in the last trading. (T) is also up 2.74% in trading on the day while keeping a a downtrend of -23.11% over the past year. However, the stock is -31.19% off its price a year ago. Looking at another peer, we see that Verizon Communications Inc. (CSCO) has moved -0.06% on the day and only 9.82% in the past 12 months. Data shows LUMN’s intraday price has changed 2.22% in last session and -84.31% over the past year. (LUMN) and its peers suggest the former has performed considerably stronger. In the market, a comparison of Lumen Technologies Inc. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category. Turning to the stock’s technical picture we see that short term indicators suggest on average that LUMN is a 100% Sell. Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Wall Street analysts have also projected the company’s year-on-year revenue for 2023 to grow to $14.59 billion, representing a -16.50% decline on that reported in the last financial year. Company Description Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The average forecast suggests down to a -20.60% growth in sales growth compared to quarterly growth in the same period last fiscal year. Per the data, EPS growth is expected to be -74.80% for 2023 and -43.60% for the next financial year.Īnalysts have a consensus estimate of $3.66 billion for the company’s revenue for the quarter, with a low and high estimate of $3.47 billion and $3.7 billion respectively. Analysts project the company’s earnings per share (EPS) to be -$0.43, which has seen fiscal year 2023 EPS growth forecast to increase to $0.39 and about $0.22 for fiscal year 2024. Lumen Technologies Inc.’s market cap currently stands at around $1.79 billion. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.Ĭlick here for full details and to join for free. The trick is figuring out which small caps will be tomorrow's winners. ![]() In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. Do You Know The Best Place To Find Gains In Volatile Markets? ![]()
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