The stock price of Liberty Media Corp. (NASDAQ: LSXMK) has plunged by -2.31 when compared to previous closing price of 27.28, but the company has seen a -9.01% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-04 that Dipping your toes in the stock market with your own strategies can be overwhelming. That’s why it’s best to follow a seasoned investor like Warren Buffet, who has a history of sustainable success in the game.
Is It Worth Investing in Liberty Media Corp. (NASDAQ: LSXMK) Right Now?
Liberty Media Corp. (NASDAQ: LSXMK) has a higher price-to-earnings ratio of 14.00x compared to its average ratio, The 36-month beta value for LSXMK is at 1.13. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LSXMK is 195.86M, and currently, shorts hold a 2.68% of that float. The average trading volume for LSXMK on April 09, 2024 was 2.22M shares.
LSXMK’s Market Performance
LSXMK stock saw a decrease of -9.01% in the past week, with a monthly decline of -8.80% and a quarterly a decrease of -11.75%. The volatility ratio for the week is 3.38%, and the volatility levels for the last 30 days are 2.19% for Liberty Media Corp. (LSXMK). The simple moving average for the past 20 days is -8.33% for LSXMK’s stock, with a -0.23% simple moving average for the past 200 days.
Analysts’ Opinion of LSXMK
Many brokerage firms have already submitted their reports for LSXMK stocks, with Seaport Research Partners repeating the rating for LSXMK by listing it as a “Buy.” The predicted price for LSXMK in the upcoming period, according to Seaport Research Partners is $32 based on the research report published on August 21, 2023 of the previous year 2023.
Rosenblatt, on the other hand, stated in their research note that they expect to see LSXMK reach a price target of $87. The rating they have provided for LSXMK stocks is “Buy” according to the report published on April 19th, 2022.
Morgan Stanley gave a rating of “Equal-Weight” to LSXMK, setting the target price at $56 in the report published on December 09th of the previous year.
LSXMK Trading at -10.04% from the 50-Day Moving Average
After a stumble in the market that brought LSXMK 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 2.19%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares sank -10.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.87% lower at present.
During the last 5 trading sessions, LSXMK fell by -9.01%, in comparison to the 20-day moving average, which settled at $28.92. In addition, Liberty Media Corp. saw -7.40% 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 LSXMK 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 LSXMK
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. (LSXMK), 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. (LSXMK) has had a bad performance lately. Opinion on the stock among analysts is mixed, 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.
