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 analyst gave a price target of 68, which equates to a potential upside of 16.02 percent. The minimum price target given was 59, implying a possible loss of 0.67 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.32 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.56 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.35 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.62 percent.

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, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of LVLT to grow at a rate of -14.67 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LVLT is -2.28.

In the trailing 52-weeks, LVLT hit 64.61 at the highest peak, while it's lowest trading point was 44.01. Currently the stock is 33.17 percent higher than its low, and below the high by 9.29 percent. 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 will post this quarters earnings in days, on 0000-00-00.