How to Buy Lumen Technologies Stock
Lumen Technologies Inc
Lumen Technologies, Inc. , a facilities-based communications company, provides various integrated services under Â?CenturyLink' name to business and residential customers in the United States and internationally.
Lumen Technologies stock last closed at $1.31, down 0.76% from the previous day, and has decreased 39.91% in one year. It has underperformed other stocks in the Telecom Services industry by 0.19 percentage points. Lumen Technologies stock is currently +67.95% from its 52-week low of $0.78, and -51.48% from its 52-week high of $2.70.
As of Apr 19, 2024, there are 1.01B LUMN shares outstanding. The market cap of LUMN is $1.32B. In the last 24 hours, 7.95M LUMN shares were traded.
How to Buy Lumen Technologies Stock
Wondering how to invest in Lumen Technologies stock? Here's how.
- Decide where to buy Lumen Technologies stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Lumen Technologies stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your details.
- Research Lumen Technologies stock: The Lumen Technologies ticker symbol is LUMN. Is Lumen Technologies stock a good investment? Should you buy shares of LUMN? How do LUMN's underlying business fundamentals look? Do top analysts think Lumen Technologies is a good buy? Why has LUMN's stock price moved recently? (Hint: Our stock research tools can help you figure out if LUMN is a good stock to buy).
- Place your LUMN purchase: Decide if you will purchase LUMN shares at the current market price or use a limit order to purchase LUMN stock at a given price.
- Get notifications regarding your LUMN position: Create a watchlist to keep tabs on your investment in Lumen Technologies stock.
Step 1: Decide where to buy Lumen Technologies stock
You need an online brokerage account to access the NYSE market and buy LUMN shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to invest in LUMN stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on app for stock market, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing funds into your investment account.
Step 4: Research Lumen Technologies stock
Once you have chosen the best place to buy Lumen Technologies stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Lumen Technologies shares at a glance
Fundamentals of Lumen Technologies
WallStreetZen was designed to help average investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on LUMN's stock page.
Is LUMN stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge LUMN's true value.
Using relative valuations metrics:
- LUMN may be overvalued based on its P/B ratio of 3.17x, relative to Telecom Services industry P/B ratio of 1.57x
You can access more valuation analysis on LUMN's stock here.
How do LUMN Financials look?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the LUMN balance sheet.
- LUMN has cash burn of 775000000. It has enough cash and short-term investments to cover this for at least one year.
- LUMN has $2.23B in cash and short term investments. This is sufficient to cover its annual cash burn of $775.00M.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the LUMN balance sheet.
- LUMN profit margin has gone down from -8.9% to -70.7% in the past year.
- LUMN has a relatively high debt to equity ratio of 80.58.
- Total LUMN debt is higher than 5 years ago, relative to shareholder equity.
Is LUMN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 sell side analysts who give forecasts on LUMN, the consensus analyst rating on LUMN is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Lumen Technologies stock forecast page.
LUMN Technicals
How is LUMN performing as a company?
Last year, LUMN revenue was $14.56B. In the last five year, LUMN's revenue has grown by -8.41% per year. This was slower than the Telecom Services industry average of 3.38%.
Find out more about LUMN's earnings and revenue performance here.
What are LUMN insiders up to?
In the last year, executives and large shareholders at LUMN have bought more shares than they have sold.
Christopher Stansbury, EVP and CFO of LUMN, was the latest LUMN insider to sell. They sold $44,080.64 worth of LUMN shares on Apr 4, 2024.
Learn more about who owns LUMN stock here.
Can I rely on LUMN as an income stream?
No, Lumen Technologies doesn't provide an income stream by paying out dividends.
LUMN Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your LUMN purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your LUMN position
Now that you own some shares in LUMN, you'll want to stay up-to-date on your investment.
Create a watchlist to track your LUMN stock.
LUMN Feed
How to Buy Stock in Lumen Technologies
To summarize, here are the 6 steps to buy Lumen Technologies stock:
- Decide where to buy Lumen Technologies stock
- Create a brokerage account
- Fund your investment account
- Research Lumen Technologies stock
- Place your LUMN purchase
- Get notifications regarding your LUMN position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Lumen Technologies, click below.
More Articles You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.