• Return to Headlines

Level 3 Communications is Among the Companies in the Alternative Carriers Industry With the Highest Free Cash Flow Per Share (LVLT, PGI, VG, CCOI, EGHT)

By David Diaz

Below are the three companies in the Alternative Carriers industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.

Level 3 Communications ranks highest with a FCF per share of $0.99. Following is Premiere Global Services with a FCF per share of $0.95. Vonage ranks third highest with a FCF per share of $0.38.

Cogent Communications follows with a FCF per share of $0.28, and 8X8 INC rounds out the top five with a FCF per share of $0.17.

SmarTrend recommended that its subscribers protect gains by selling shares of Cogent Communications on August 4th, 2016 by issuing a Downtrend alert when the shares were trading at $39.30. Since that call, shares of Cogent Communications have fallen 8.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest free cash flow per share level 3 communications premiere global services vonage cogent communications 8x8 inc