Liberty Media Corp. (LSXMA) Shares Up Despite Recent Market Volatility

Liberty Media Corp. (NASDAQ: LSXMA)’s stock price has gone rise by 1.03 in comparison to its previous close of 22.25, however, the company has experienced a 7.41% increase in its stock price over the last five trading days. businesswire.com reported 2024-06-03 that ENGLEWOOD, Colo.–(BUSINESS WIRE)–Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of May 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the “Debentures”). The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional.

Is It Worth Investing in Liberty Media Corp. (NASDAQ: LSXMA) Right Now?

The price-to-earnings ratio for Liberty Media Corp. (NASDAQ: LSXMA) is 9.28x, which is above its average ratio. Moreover, the 36-month beta value for LSXMA is 1.12. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for LSXMA is 94.73M and currently, short sellers hold a 4.16% of that float. On July 03, 2024, LSXMA’s average trading volume was 1.61M shares.

LSXMA’s Market Performance

LSXMA stock saw a decrease of 7.41% in the past week, with a monthly decline of -1.10% and a quarterly a decrease of -21.10%. The volatility ratio for the week is 2.58%, and the volatility levels for the last 30 days are 3.05% for Liberty Media Corp. (LSXMA). The simple moving average for the last 20 days is 5.25% for LSXMA’s stock, with a simple moving average of -14.96% for the last 200 days.

Analysts’ Opinion of LSXMA

Many brokerage firms have already submitted their reports for LSXMA stocks, with Evercore ISI repeating the rating for LSXMA by listing it as a “In-line.” The predicted price for LSXMA in the upcoming period, according to Evercore ISI is $27 based on the research report published on June 24, 2024 of the current year 2024.

Seaport Research Partners, on the other hand, stated in their research note that they expect to see LSXMA reach a price target of $36. The rating they have provided for LSXMA stocks is “Buy” according to the report published on April 29th, 2024.

Citigroup gave a rating of “Neutral” to LSXMA, setting the target price at $28 in the report published on April 24th of the current year.

LSXMA Trading at -2.68% 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 -29.06% of loss for the given period.

Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares surge +0.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.28% lower at present.

During the last 5 trading sessions, LSXMA rose by +7.41%, which changed the moving average for the period of 200-days by -1.96% in comparison to the 20-day moving average, which settled at $21.36. In addition, Liberty Media Corp. saw -21.78% 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 sale 12,419 shares at the price of $33.12 back on Jun 14 ’24. After this action, BERKSHIRE HATHAWAY INC now owns 4,986,588 shares of Liberty Media Corp., valued at $411,276 using the latest closing price.

BERKSHIRE HATHAWAY INC, the 10% Owner of Liberty Media Corp., sale 52,911 shares at $34.06 during a trade that took place back on Jun 13 ’24, which means that BERKSHIRE HATHAWAY INC is holding 4,999,007 shares at $1,802,170 based on the most recent closing price.

Stock Fundamentals for LSXMA

Current profitability levels for the company are sitting at:

  • 0.21 for the present operating margin
  • 0.47 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 8.77, with 2.77 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 1.08. The interest coverage ratio of the stock is 3.5.

Currently, EBITDA for the company is 2.53 billion with net debt to EBITDA at 4.04. When we switch over and look at the enterprise to sales, we see a ratio of 2.04. The receivables turnover for the company is 14.61for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.31.

Conclusion

To wrap up, the performance of Liberty Media Corp. (LSXMA) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.

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