Lumen Technologies, Inc. Stock Price Targets and Analyst Ratings
Lumen Technologies, Inc. is a growing American company that specializes in lighting and other energy-efficient products. The company is based in Cambridge, Massachusetts. Its product line includes LED lighting and other related technologies. The company has a high-quality product line and a great reputation for reliability and safety.
Price target
The price target for Lumen Technologies stock has been set by Wall Street analysts based on their research. They look at the company’s past performance and current conditions to make their recommendations. These analysts use a combination of research and opinion to make their recommendations. While these ratings aren’t definitive, they can provide some context. Analysts can help you decide whether or not to buy or sell a stock. The price target for Lumen Technologies is a guideline that you can use to help you make an informed investment decision.
Lumen Technologies provides an integrated range of IT and communications services to business and residential customers. The company offers services in colocation, data center, managed security, Internet and IP services, content delivery, and unified communications. The company serves customers in the U.S., North America, Europe, the Middle East, Africa, and Asia-Pacific regions.
Free cash flow multiple
If you’re looking for a high yield investment, then you may want to consider buying Lumen Technologies. The company’s business model is based on an extensive long-haul fiber network. As a result, its ROA is lower than most of its peers. However, its ROE is higher, making it a good buy for aggressive investors looking for a higher yield.
The company recently upgraded its outlook for 2022, which now includes the ILEC transaction. It now expects to generate adjusted EBITDA of $6.7 billion to $7.1 billion, which is up slightly from its previous outlook. It has also reiterated its commitment to maintaining a $1.00 per share dividend, and has said it will evaluate the possibility of future share repurchases. Furthermore, Lumen has reduced its net debt by $1.5 billion since the first quarter of 2021.
Future profitability
Lumen Technologies (NYSE:LUM) is in the midst of a multi-year turnaround effort. This recent pullback is a great time to buy the stock. The company reported $4.85 billion in revenue for the fourth quarter, a slight decline from $5.13 billion in the year-earlier period. Adjusted EBITDA per share came in at $2.09 billion in the fourth quarter and was expected to reach $8.44 billion in fiscal 2021, which was within the company’s guidance range.
The stock is down 31% over the year, including dividends, and is worse off than the 22% decline in the broader market. However, the stock may be an oversold position, as its shares have fallen by an average of 6% annually over the past five years. If you are a contrarian, you might want to do a little more research on this company before buying it.
Analyst ratings
Analysts rate Lumen Technologies stock for a variety of reasons. Many analysts base their ratings on their research, conversations with executives, and listening to earnings conference calls. The average analyst rate a company every three months, meaning that Lumen Technologies should receive 4 ratings per year. The last rating for the company was filed on August 11, 2022, and the next one is expected to be available on August 11, 2023.
The current average analyst rating for Lumen Technologies stock is “sell”. This means that these analysts believe that the company will not deliver a return that is higher than the market’s average. Analysts can choose to invest in companies with lower analyst ratings if they are confident in their research.
Valuation
Lumen Technologies, Inc. is an American company. If you’re interested in investing in its stock, you might be wondering what it’s worth. You should first understand what the company does. The company’s business is focused on software. Its products and services are used by a variety of industries, including aerospace and defense.
Lumen’s stock price is currently trading at a discount to its peers. Its 12-month forward PE-to-growth (PEG) ratio is 0.78. This is a measure of Lumen’s earnings growth versus its current market price, and has historically been a good indicator of stock price performance. However, this figure does not always reflect a company’s future potential.