The leading market experts have placed a mean price target of $60.850 on Level 3 Communications, Inc. (NYSE:LVLT) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.480 a share for the upcoming quarter and $1.650 for the current fiscal.
The technical analysis of Level 3 Communications, Inc. Co plainly substantiates that the 50-day moving average of Level 3 Communications, Inc. Co is $52.249, and stock is trading $-3.404 points away or -6.515% from its 50-day moving average of $52.249. Further it is trading $-2.690 or -5.220% away its 200-day moving average of $51.535. Level 3 Communications, Inc. (NYSE:LVLT) 52-week high is $57.590 and the 52-week low is $40.860.
This explains if the stock moves $-8.745, it will post a 52-week high. In event of +19.542% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Level 3 Communications, Inc. Co, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Level 3 Communications, Inc. (NYSE:LVLT) ratio came in at 4.908.
The stock last ended the trading session at $48.845 and registered a market cap of $17.56B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Level 3 Communications, Inc. (NYSE:LVLT) PEG ratio is at 3.040.
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