Liberty Media Corp. (NASDAQ: LSXMA)’s stock price has gone decline by -2.34 in comparison to its previous close of 27.31, however, the company has experienced a -9.01% decrease in its stock price over the last five trading days. Investopedia reported 2024-04-01 that Formula One (F1) owner Liberty Media (FWONK) is expanding its reach into motorsports by purchasing Dorna Sports, the owner of the rights to the MotoGP World Championship.
Is It Worth Investing in Liberty Media Corp. (NASDAQ: LSXMA) Right Now?
Liberty Media Corp. (NASDAQ: LSXMA) has a higher price-to-earnings ratio of 14.01x compared to its average ratio, The 36-month beta value for LSXMA is at 1.11. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for LSXMA is 94.73M, and currently, shorts hold a 2.97% of that float. The average trading volume for LSXMA on April 09, 2024 was 1.57M shares.
LSXMA’s Market Performance
LSXMA’s stock has seen a -9.01% decrease for the week, with a -9.32% drop in the past month and a -11.89% fall in the past quarter. The volatility ratio for the week is 3.14%, and the volatility levels for the past 30 days are at 2.15% for Liberty Media Corp. The simple moving average for the last 20 days is -8.39% for LSXMA’s stock, with a simple moving average of 0.71% for the last 200 days.
Analysts’ Opinion of LSXMA
Seaport Research Partners, on the other hand, stated in their research note that they expect to see LSXMA reach a price target of $32. The rating they have provided for LSXMA stocks is “Buy” according to the report published on August 21st, 2023.
LSXMA Trading at -10.27% from the 50-Day Moving Average
After a stumble in the market that brought LSXMA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.84% of loss for the given period.
Volatility was left at 2.15%, however, over the last 30 days, the volatility rate increased by 3.14%, as shares sank -10.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.91% lower at present.
During the last 5 trading sessions, LSXMA fell by -9.01%, in comparison to the 20-day moving average, which settled at $28.95. In addition, Liberty Media Corp. saw -7.20% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LSXMA starting from BERKSHIRE HATHAWAY INC, who purchase 938,896 shares at the price of $26.98 back on Apr 08 ’24. After this action, BERKSHIRE HATHAWAY INC now owns 67,909,913 shares of Liberty Media Corp., valued at $25,333,010 using the latest closing price.
BERKSHIRE HATHAWAY INC, the 10% Owner of Liberty Media Corp., purchase 399,677 shares at $26.95 during a trade that took place back on Apr 08 ’24, which means that BERKSHIRE HATHAWAY INC is holding 33,878,329 shares at $10,772,095 based on the most recent closing price.
Stock Fundamentals for LSXMA
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.49 for the gross margin
The net margin for Liberty Media Corp. stands at 0.09. The total capital return value is set at 0.07. Equity return is now at value 9.87, with 3.01 for asset returns.
Based on Liberty Media Corp. (LSXMA), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.1. The interest coverage ratio of the stock is 3.36.
Currently, EBITDA for the company is 2.53 billion with net debt to EBITDA at 3.94. When we switch over and look at the enterprise to sales, we see a ratio of 2.18. The receivables turnover for the company is 12.63for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.39.
Conclusion
In conclusion, Liberty Media Corp. (LSXMA) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
