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 $6.08, down 1.94% from the previous day, and has increased 350.37% in one year. It has overperformed other stocks in the Telecom Services industry by 3.6 percentage points. Lumen Technologies stock is currently +679.49% from its 52-week low of $0.78, and -22.35% from its 52-week high of $7.83.
As of Oct 14, 2024, there are 1.02B LUMN shares outstanding. The market value of LUMN is $6.18B. In the last 24 hours, 8.79M 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 choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Lumen Technologies stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your information.
- 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 website can help you decide 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 specific price.
- Get notifications regarding your LUMN position: Create a watchlist to watch your new investment in Lumen Technologies stock.
Step 1: Decide where to buy Lumen Technologies stock
You need a brokerage account in order to access the NYSE market and buy LUMN stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you can invest in LUMN stock today.
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- 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.
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Step 3: Fund your investment account
Now that you've opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your new investment account.
Step 4: Research Lumen Technologies stock
After you have figured out the best place to buy Lumen Technologies stock, it's crucial to evaluate their stock prior to investing, so you truly wrap your head around the risk and opportunity.
Lumen Technologies Numbers
Fundamentals of LUMN
WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on LUMN's stock page.
What is the fair value of LUMN stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LUMN's true value.
Using relative valuations measures:
- LUMN could be overvalued based on its P/B ratio of 13.27x, relative to Telecom Services industry P/B ratio of 1.77x
You can do additional valuation research on LUMN's stock here.
LUMN Financial Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the LUMN balance sheet.
- LUMN profit margin has gone up from -68.7% to -15.1% in the past year.
Negative Health Checks:
- Total LUMN debt is higher than 5 years ago, relative to shareholder equity.
- LUMN earnings of -$917.00M is not enough to cover its interest payments.
- LUMN has a relatively high debt to equity ratio of 69.69.
- There are more long-term liabilities than short-term assets on the LUMN balance sheet.
- LUMN's operating cash flow of $3.28B allows it to safely service it's debt of $18.88B.
Is Lumen Technologies stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Equities analysts who give ratings on LUMN, the consensus analyst rating on Lumen Technologies is a Sell
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent LUMN Analyst Upgrades/Downgrades
An analyst from Moffett Nathanson maintains LUMN with a strong sell rating and raises their LUMN price target from $1.00 to $3.00, on Aug 7, 2024.
Michael Rollins, a top 15% analyst from Citigroup upgrades LUMN to a hold rating and raises their LUMN price target from $1.25 to $3.15, on Aug 6, 2024.
You can dig deeper into what analysts are projecting on the Lumen Technologies stock forecast page.
LUMN Technical Indicators
How is LUMN performing as a company?
Last year, LUMN revenue was $13.72B. Over the last 5 year, LUMN's revenue has gone up by -8.63% per year. This was slower than the Telecom Services industry average of 3.62%.
Dig into LUMN's earnings and revenue performance here.
What are LUMN insiders up to?
Over the last year, executives and large shareholders at LUMN have bought more shares than they have sold.
James Fowler, Director of LUMN, was the latest LUMN insider to buy. They bought $46,990.00 worth of LUMN stock on Sep 3, 2024.
Dig into more about who owns LUMN shares here.
Does LUMN provide a stable income stream?
No, Lumen Technologies doesn't provide an income stream by paying out dividends.
What others are saying about LUMN
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Step 5: Place your LUMN purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Press the Open button and your broker will execute your order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your LUMN position
Now that you own some LUMN shares, you'll want to keep up with your investment.
Make a watchlist to track the most important metrics related to your LUMN stock.
LUMN Feed
How to Buy Stock in Lumen Technologies
To summarize, here are the 6 steps to buy stock in Lumen Technologies:
- 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 need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your new investment in Lumen Technologies, get started below.
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