Last Updated: 12 Nov 2024
Executive Summary
Lumen Technologies Inc. (LUMN) is a telecommunications company that offers communication, network services, security, cloud solutions, voice, and managed services. The company has a market capitalization of $10.27 billion and trades on the NYSE.
Company Overview
Lumen Technologies was founded in 1999 and is headquartered in Monroe, Louisiana. The company has a long history of providing telecommunications services to businesses and consumers. In recent years, Lumen has been investing heavily in its fiber network and cloud services.
Fundamental Analysis
Lumen Technologies' financial performance has been mixed in recent years. The company's revenue has been declining, but its EBITDA has been increasing. The company's net income has been negative in recent years, but it is expected to turn positive in 2024.
Lumen Technologies' financial ratios are mixed. The company's price-to-sales ratio is below the industry average, but its price-to-book ratio is above the industry average. The company's debt-to-equity ratio is also above the industry average.
Technical Analysis
Lumen Technologies' stock price has been trending down in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 50, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for Lumen Technologies is mixed. The company's financial performance is improving, but its stock price is trending down. The stock is currently trading below its 50-day and 200-day moving averages, which indicates that the stock is in a downtrend. The stock's RSI is also below 50, which indicates that the stock is oversold.
Long Term Outlook
The long-term outlook for Lumen Technologies is positive. The company is investing heavily in its fiber network and cloud services, which are expected to drive growth in the future. The company's financial performance is also expected to improve in the long term.
Analyst Recommendations
Analysts have a mixed view on Lumen Technologies. Some analysts believe that the company is undervalued and has a lot of upside potential. Other analysts are more cautious and believe that the company's financial performance needs to improve before the stock can be considered a buy.
Overall
Lumen Technologies is a telecommunications company with a mixed financial history. The company's stock price has been trending down in recent months, but the long-term outlook for the company is positive. Analysts have a mixed view on the company, but some believe that the stock is undervalued and has a lot of upside potential.
