Liberty Media Corp. (NASDAQ:LSXMK) shares, rose in value on Thursday, April 04, with the stock price up by 0.87% to the previous day’s close as strong demand from buyers drove the stock to $27.73.
Actively observing the price movement in the recent trading, the stock is buoying the session at $27.49. The value of beta (5-year monthly) is 1.15 whereas the PE ratio is 14.56 over 12-month period. Referring to stock’s 52-week performance, its high was $31.67, and the low was $19.58. On the whole, LSXMK has fluctuated by -5.39% over the past month.
As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.67, which is expected to increase to $0.84 for fiscal year $3.05 and then to about $2.74 by fiscal year 2025. Data indicates that the EPS growth is expected to be 26.00% in 2025, while the next year’s EPS growth is forecast to be -10.20%.
Analysts have estimated the company’s revenue for the quarter at $2.13 billion, with a low estimate of $2.1 billion and a high estimate of $2.16 billion. According to the average forecast, sales growth in current quarter could jump down -0.70%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $8.77 billion, representing a decrease of -2.00% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days.
The stock’s technical analysis shows that the PEG ratio is about 72.82, with the price of LSXMK currently trading nearly -5.26% and -6.87% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.17, while the 7-day volatility ratio is showing 2.85% which for the 30-day chart, stands at 2.15%. Furthermore, Liberty Media Corp. (LSXMK)’s beta value is 1.13, and its average true range (ATR) is 0.68.
A comparison of Liberty Media Corp. (LSXMK) with its peers suggests the former has fared considerably weaker in the market. LSXMK showed an intraday change of 0.87% in today’s session so far, and over the past year, it grew by 27.89%%.
Data on historical trading for Liberty Media Corp. (NASDAQ:LSXMK) indicates that the trading volumes over the past 10 days have averaged 3.37 million and over the past 3 months, they’ve averaged 2.21 million. According to company’s latest data on outstanding shares, there are 326.59 million shares outstanding.
Nearly 40.03% of Liberty Media Corp.’s shares belong to company insiders and institutional investors own 63.97% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.25 million shares as on Mar 15, 2024, resulting in a short ratio of 2.23. According to the data, the short interest in Liberty Media Corp. (LSXMK) stood at 1.61% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 5.69 million. The stock has fallen by -3.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LSXMK stock heading into the next quarter.
