With 13.26 million shares changed hands, the volume of the stock remained heavier than its average volume of 12.53 million shares. 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 $5.27. Beta for the stock currently stands at 1.16.
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 up-trending over the past week, with a rise of 1.25%, but this was down by -2.40% over a month. Three-month performance dropped to -24.73% while six-month performance fell -16.61%. The stock gained 181.50% in the past year, while it has lost -8.29% so far this year. A look at the trailing 12-month EPS for LUMN yields -0.06 with Next year EPS estimates of -0.74. For the next quarter, that number is -0.26. This implies an EPS growth rate of -390.14% for this year and 28.36% for next year.
Float and Shares Shorts:
At present, 1.01 billion LUMN shares are outstanding with a float of 930.69 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.35018 being high and -$0.35931 being low. For LUMN, this leads to a yearly average estimate of -$0.35424. Based on analyst estimates, the high estimate for the next quarter is -$0.2 and the low estimate is -$0.33. The average estimate for the next quarter is thus -$0.26.
