In the past week, FWONK stock has gone down by -1.94%, with a monthly gain of 1.56% and a quarterly plunge of -3.08%. The volatility ratio for the week is 1.63%, and the volatility levels for the last 30 days are 1.87% for Liberty Media Corp. The simple moving average for the past 20 days is 0.32% for FWONK’s stock, with a 7.94% simple moving average for the past 200 days.
Is It Worth Investing in Liberty Media Corp. (NASDAQ: FWONK) Right Now?
Liberty Media Corp. (NASDAQ: FWONK) has a higher price-to-earnings ratio of 78.32x compared to its average ratio, The 36-month beta value for FWONK is at 1.11. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for FWONK is 204.85M, and currently, shorts hold a 2.28% of that float. The average trading volume for FWONK on October 24, 2024 was 1.11M shares.
FWONK) stock’s latest price update
The stock price of Liberty Media Corp. (NASDAQ: FWONK) has plunged by -1.22 when compared to previous closing price of 79.24, but the company has seen a -1.94% decline in its stock price over the last five trading sessions. proactiveinvestors.co.uk reported 2024-08-23 that Liberty Media (NASDAQ:LINTA) is to sell a US$825 million chunk of shares in Formula 1 to help pay for its acquisition of the motorbike racing equivalent MotoGP. In April, Liberty agreed to buy 86% Dorna Sports, the business holding MotoGP’s commercial rights, in a deal valuing the bike championship at US$4.2 billion.
Analysts’ Opinion of FWONK
Many brokerage firms have already submitted their reports for FWONK stocks, with UBS repeating the rating for FWONK by listing it as a “Neutral.” The predicted price for FWONK in the upcoming period, according to UBS is $85 based on the research report published on October 17, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see FWONK reach a price target of $70, previously predicting the price at $80. The rating they have provided for FWONK stocks is “Equal-Weight” according to the report published on December 18th, 2023.
FWONK Trading at 0.94% from the 50-Day Moving Average
After a stumble in the market that brought FWONK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.82% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares surge +0.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.20% upper at present.
During the last 5 trading sessions, FWONK fell by -2.10%, which changed the moving average for the period of 200-days by +25.85% in comparison to the 20-day moving average, which settled at $78.01. In addition, Liberty Media Corp. saw 23.98% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FWONK starting from Wong Andrea L, who sale 6,312 shares at the price of $49.91 back on Sep 30 ’24. After this action, Wong Andrea L now owns 0 shares of Liberty Media Corp., valued at $315,002 using the latest closing price.
Wong Andrea L, the Director of Liberty Media Corp., sale 1,604 shares at $47.41 during a trade that took place back on Sep 25 ’24, which means that Wong Andrea L is holding 5,274 shares at $76,052 based on the most recent closing price.
Stock Fundamentals for FWONK
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.23 for the gross margin
The net margin for Liberty Media Corp. stands at 0.08. The total capital return value is set at 0.04. Equity return is now at value 4.14, with 2.54 for asset returns.
Based on Liberty Media Corp. (FWONK), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is 1.86.
Currently, EBITDA for the company is 666.0 million with net debt to EBITDA at 1.79. When we switch over and look at the enterprise to sales, we see a ratio of 6.72. The receivables turnover for the company is 20.08for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
In conclusion, Liberty Media Corp. (FWONK) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
