Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day down 0.5%. By the end of trading, CenturyLink fell 71 cents (-1.7%) to $41.23 on average volume. Throughout the day, 4.4 million shares of CenturyLink exchanged hands as compared to its average daily volume of 5.6 million shares. The stock ranged in price between $41.13-$41.97 after having opened the day at $41.92 as compared to the previous trading day's close of $41.94. Other companies within the Telecommunications industry that declined today were:
), down 17.2%,
), down 15.1%,
), down 15%, and
), down 10.5%.
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CenturyLink, Inc. operates as an integrated telecommunications company in the United States. The company provides local and long-distance, network access, private line, public access, broadband, data, managed hosting, colocation, wireless, and video services to consumers and businesses. CenturyLink has a market cap of $26.21 billion and is part of the
sector. The company has a P/E ratio of 53.3, above the average telecommunications industry P/E ratio of 51.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 13.2% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate CenturyLink a buy, no analysts rate it a sell, and five rate it a hold.
TheStreet Ratings rates CenturyLink as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full CenturyLink Ratings Report.
- Use our telecommunications section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider
) while those bearish on the telecommunications industry could consider
- Find other investment ideas from our top rated ETFs lists.
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