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.

Investment analysts gave a few price targets for LVLT. The highest price target was 68, implying a possible profit of 16.02 percent. The lowest price target was 59, implying potential capital losses of 0.67 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.32 percent. That number becomes -2.56 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.35 percent. If we look at the last 90 days instead, we find a net average change of -3.62 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

Analysts estimate earnings of LVLT to grow at a rate of -14.67 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. LVLT has a PEG ratio of -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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.