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.

Several price targets were given for LVLT by the analysts covering the stock. The highest price target was 68, implying potential capital gains of 16.02 percent. The minimum price target given was 59, which equates to a potential downside of 0.67 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing 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. 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.

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.

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. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 P/E 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.