Analyst Ratings for Level 3 Communications Inc. (LVLT)

Updated: 2017-07-28

Level 3 Communications Inc. (NYSE:LVLT) was awarded an average rating of Hold from investment analysts following the stock. LVLT had previously received a consensus rating of Hold a month ago.

3 analysts declared LVLT a buy, 0 issued an overweight rating, 11 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 1.

A number of analysts gave price targets for LVLT. The most optimistic price target was 68, implying potential capital gains of 16.02 percent. The minimum price target given was 59, implying potential capital losses of 0.67 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.32 percent. The average change in earnings estimates over the last 90 days is -2.56 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.35 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -3.62 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

The growth rate of LVLT's earnings is estimated by analysts to be -14.67 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LVLT is -2.28.

In the last 52-weeks, LVLT has achieved a high of 64.61 and a low of 44.01. Currently the stock is 33.17 percent higher than its low, and 9.29 percent below the high. LVLT has a price/earnings ratio of 33.39. Investors typically compare the P/E ratio to a company's peers in the industry. The LVLT value stock report compares LVLT to some of its peers using value stock charts. The market cap of LVLT is $21.39 billion. LVLT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.