After finishing at $57.23 in the prior trading day, Liberty Broadband Corp (NASDAQ: LBRDK) closed at $56.94, down -0.51%. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 1892679 shares were traded.
Ratios:
Our goal is to gain a better understanding of LBRDK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.42 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.42.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 07 ’24 when WARGO J DAVID sold 9,000 shares for $56.80 per share. The transaction valued at 511,204 led to the insider holds 97,332 shares of the business.
WARGO J DAVID sold 11,000 shares of LBRDK for $630,682 on Mar 05 ’24. The Director now owns 106,332 shares after completing the transaction at $57.33 per share. On Nov 15 ’23, another insider, WELSH JOHN E III, who serves as the Director of the company, sold 4,152 shares for $83.74 each. As a result, the insider received 347,672 and left with 3,917 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LBRDK now has a Market Capitalization of 8.15B and an Enterprise Value of 11.81B. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.09, and their Forward P/E ratio for the next fiscal year is 6.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.30 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 12.04 whereas that against EBITDA is 8.92.
Stock Price History:
Over the past 52 weeks, LBRDK has reached a high of $95.68, while it has fallen to a 52-week low of $55.19. The 50-Day Moving Average of the stock is 65.63, while the 200-Day Moving Average is calculated to be 80.10.
Shares Statistics:
The stock has traded on average 1.25M shares per day over the past 3-months and 1.5M shares per day over the last 10 days, according to various share statistics. A total of 123.70M shares are outstanding, with a floating share count of 112.99M. Insiders hold about 20.95% of the company’s shares, while institutions hold 81.29% stake in the company. Shares short for LBRDK as of Feb 29, 2024 were 5.37M with a Short Ratio of 4.29, compared to 3.77M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.76% and a Short% of Float of 4.74%.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $1.36 for the current quarter, with a high estimate of $1.54 and a low estimate of $1.18, while EPS last year was $0.47. The consensus estimate for the next quarter is $1.63, with high estimates of $1.71 and low estimates of $1.54.
Analysts are recommending an EPS of between $7.1 and $6.12 for the fiscal current year, implying an average EPS of $6.61. EPS for the following year is $6.61, with 2 analysts recommending between $7.89 and $5.33.
Revenue Estimates
1 analysts predict $251M in revenue for the current quarter. It ranges from a high estimate of $251M to a low estimate of $251M. As of the current estimate, Liberty Broadband Corp’s year-ago sales were $246M, an estimated increase of 2.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $249M, an increase of 1.60% less than the figure of $2.00% in the same quarter last year. There is a high estimate of $249M for the next quarter, whereas the lowest estimate is $249M.
A total of 1 analysts have provided revenue estimates for LBRDK’s current fiscal year. The highest revenue estimate was $998M, while the lowest revenue estimate was $998M, resulting in an average revenue estimate of $998M. In the same quarter a year ago, actual revenue was $981M, up 1.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.02B and the low estimate is $1.02B. The average revenue growth estimate for next year is up 2.00% from the average revenue estimate for this year.
