About Level 3 Communications
Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Company's operating segments include North America, EMEA and Latin America. The North America includes operations in Atlanta, Georgia; Littleton, Colorado; Miami, Florida; Montreal, Canada; New York, New York; Phoenix, Arizona; Pittsburgh, Pennsylvania; Southfield, Michigan, and Tulsa, Oklahoma. The Europe segment includes operations in Basingstoke, England; Crewe, England; Dublin, Ireland; London, England; Naarden, The Netherlands, and Paris, France. The Latin America includes operations in Bogota, Colombia; Buenos Aires, Argentina; Caracas, Venezuela; Lima, Peru; Quito, Ecuador; Santiago, Chile, and Sao Paulo, Brazil. The communications services include transport and fiber services, colocation and data center services, Internet Protocol (IP) and data services, security services and voice services. Its wholesale voice services include voice termination and toll free service.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Diversified Communication Services
- Sub-Industry: Alternative Carriers
- Exchange: NYSE
- Symbol: LVLT
- CUSIP: 52729N30
- Previous Close: $57.61
- 50 Day Moving Average: $58.45
- 200 Day Moving Average: $53.26
- 52-Week Range: $359,937,000.00 - $44.01
- Trailing P/E Ratio: 30.81
- Foreward P/E Ratio: 32.01
- P/E Growth: -1.01
- Market Cap: $20.74B
- Outstanding Shares: 359,937,000
- Beta: 1.48
- Net Margins: 8.15%
- Return on Equity: 6.34%
- Return on Assets: 2.71%
Companies Related to Level 3 Communications:
- Debt-to-Equity Ratio: 1.00%
- Current Ratio: 1.80%
- Quick Ratio: 1.63%
What is Level 3 Communications' stock symbol?
Level 3 Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "LVLT."
Where is Level 3 Communications' stock going? Where will Level 3 Communications' stock price be in 2017?
19 equities research analysts have issued twelve-month price targets for Level 3 Communications' shares. Their forecasts range from $54.00 to $69.00. On average, they expect Level 3 Communications' share price to reach $61.74 in the next year.
When will Level 3 Communications announce their earnings?
Level 3 Communications is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about Level 3 Communications stock?
Here are some recent quotes from research analysts about Level 3 Communications stock:
- Jefferies Group LLC analysts commented, "We expect modest improvement in N. American enterprise trends given anticipated churn improvements at the low end and some seasonal benefits. While this estimate is inline with consensus, we see moderate risk to CNS forecasts, driven predominantly by N. America wholesale and LatAm. We are also below consensus for 2017 revenue and EBITDA, suggesting some guidance concerns. Nevertheless, we raise our PT to $64 on a more constructive deal outlook." (1/25/2017)
According to Zacks Investment Research, "Shares of Level 3 Communications surpassed the Zacks classified ‘Comm Infrastructure’ industry’s gain over the past three months. Moreover, Level 3 Communications has a strong presence in several fields of enterprise networking including data networks, content distribution, managed services, securities, voice cloud and cloud connection. Buyout of Level 3 Communications by CenturyLink also bodes well. The combined entity will be a formidable force in the fiber-based metro-Ethernet and Internet backbone market. However, the company operates in a competitive enterprise communications market. Also, customer concentration, foreign currency exchange rate risks and global macro economic fluctuations are some of the major near term risks." (1/23/2017)
Who owns Level 3 Communications stock?
Level 3 Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Temasek Holdings Private Ltd (18.07%), State Street Corp (3.15%), Pentwater Capital Management LP (2.39%), Fiduciary Management Inc. WI (1.55%), FMR LLC (1.11%) and Brahman Capital Corp. (1.10%). Company insiders that own Level 3 Communications stock include Andrew Crouch, Archie Clemins, Crossing Ltd Stt, Eric Mortensen, Hector Alonso, James O Ellis Jr, Jeffrey K Storey, John Blount, John Michael Ryan, Laurinda Y Pang and Sunit S Patel.
Who sold Level 3 Communications stock? Who is selling Level 3 Communications stock?
Level 3 Communications' stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, FMR LLC, Franklin Resources Inc., Marshall Wace LLP, Loomis Sayles & Co. L P, Brahman Capital Corp., AQR Capital Management LLC and Fiduciary Management Inc. WI. Company insiders that have sold Level 3 Communications stock in the last year include Andrew Crouch, Eric Mortensen, Hector Alonso, James O Ellis Jr, Jeffrey K Storey, John Michael Ryan, Laurinda Y Pang and Sunit S Patel.
Who bought Level 3 Communications stock? Who is buying Level 3 Communications stock?
Level 3 Communications' stock was purchased by a variety of institutional investors in the last quarter, including Pentwater Capital Management LP, Manikay Partners LLC, Alpine Associates Management Inc., Two Sigma Investments LP, CNH Partners LLC, Asset Management One Co. Ltd., Westchester Capital Management LLC and Glenhill Advisors LLC.
How do I buy Level 3 Communications stock?
Shares of Level 3 Communications can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Level 3 Communications stock cost?
One share of Level 3 Communications stock can currently be purchased for approximately $57.61.