Lumen Technologies Inc (NYSE: LUMN) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Government Sector is Top Targeted Industry for DDoS Attacks in Q4 2023.

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Stocks Info

The company is listed on the NYSE and operates within the Telecom Services industry segment. At the end of the last regular session, the stock closed at $1.50 and fluctuated between $1.5400 as its day high and $1.4100 as its day low. The current market capitalization of Lumen Technologies Inc is $1.51B. A total of 14.68 million shares were traded on the day, compared to an average of 15.37M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LUMN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 21 BUYs and 12 SELLs from insiders. Insiders purchased 13,474,835 shares during that period but sold 3,714,453.

In the most recent transaction, Fowler James bought 70,000 shares of LUMN for 1.40 per share on Nov 07. After the transaction, the Director now owns 153,038 company shares. In a previous transaction on Nov 03, Stansbury Christopher bought 500,000 shares at 1.10 per share. LUMN shares that EVP and CFO owns now total 500,000.

Among the insiders who bought shares, Johnson Kathleen E acquired of 1,000,000 shares on Nov 02 at a per-share price of $0.97. This resulted in the President & CEO holding 5,148,592 shares of LUMN after the transaction.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. LUMN’s most recent ex-dividend date was 8/29/2022 when it declared a $0.25 quarterly dividend that was paid in cash on 9/9/2022. Previously, the company paid the dividend on 6/10/2022 with an ex-dividend date of 5/27/2022. The LUMN stock dividend was $0.25 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for LUMN in the last 3 months, the mean price target is $1.61 with high estimates of $3.50 and low estimates of $1.00. In terms of 52-week highs and lows, LUMN has a high of $4.19 and a low of $0.78.

As of this writing, LUMN has an earnings estimate of -$0.04 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.06 per share and a lower estimate of -$0.24. The company reported an EPS of -$0.09 in the last quarter, which was -250.00% lower than expectations of $0.06.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LUMN’s latest balance sheet shows that the firm has $354.00M in Cash & Short Term Investments as of fiscal 2021. There were $29.37B in debt and $7.17B in liabilities at the time. Its Book Value Per Share was $2.20, while its Total Shareholder’s Equity was $11.84B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LUMN is Buy with a score of 2.30.

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