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.

LVLT was given price targets by several analysts. The maximum price target given was 68, implying potential capital gains of 16.02 percent. The most pessimistic analyst gave a price target of 59, implying a possible loss of 0.67 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.32 percent on average, compared to last month. That number becomes -2.56 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.35 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

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. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers 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 9.29 percent lower than its 52-week 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 stock has a market capitalization of $21.39 billion. LVLT's next earnings release will be on 0000-00-00, which is days away.