IB Net Payout Yields Model

CenturyLink: Looking For Q3 Inflection Points

CenturyLink continues to see hidden benefits from cutting the dividend, including the recent rolling over of 2022 debt at lower rates.
The company forecasts a revenue inflection point in key divisions.
The stock trades at an attractive EV/EBITDA multiple of 5x.
CenturyLink (CTL) continues to prove the value in cutting the dividend at the and beginning of the year and speeding up the path to repay debt as the company makes progress on a major cost transformation project following the purchase of Level 3. The financial position of the telecom continues to improve reinforcing the bullish investment thesis. The stock is only a major inflection point in the company returning to revenue growth away from a strong rally.
Read the full article on Seeking Alpha. 

Disclosure: Long CTL. Please read the disclaimer page for more details. 


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