Trading Day Review: Liberty Media Corp. (FWONK) Gains Momentum, Closing at 70.03

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The price of Liberty Media Corp. (NASDAQ: FWONK) closed at $70.03 in the last session, up 1.57% from day before closing price of $68.95. In other words, the price has increased by $1.57 from its previous closing price. On the day, 0.74 million shares were traded. FWONK stock price reached its highest trading level at $70.09 during the session, while it also had its lowest trading level at $69.15.

Ratios:

We take a closer look at FWONK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 148.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.44.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on December 18, 2023, Downgraded its rating to Equal-Weight and sets its target price to $70 from $80 previously.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 14 ’24 when MALONE JOHN C sold 120,984 shares for $69.70 per share. The transaction valued at 8,432,839 led to the insider holds 2,280,381 shares of the business.

MALONE JOHN C sold 139,065 shares of FWONK for $9,593,080 on May 13 ’24. The Chairman of the Board now owns 2,401,365 shares after completing the transaction at $68.98 per share. On May 10 ’24, another insider, MALONE JOHN C, who serves as the Chairman of the Board of the company, sold 89,951 shares for $70.53 each. As a result, the insider received 6,343,940 and left with 2,540,430 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, FWONK now has a Market Capitalization of 16027345920 and an Enterprise Value of 17931720704. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.53, and their Forward P/E ratio for the next fiscal year is 47.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.85 while its Price-to-Book (P/B) ratio in mrq is 2.53. Its current Enterprise Value per Revenue stands at 5.565 whereas that against EBITDA is 26.925.

Stock Price History:

The Beta on a monthly basis for FWONK is 1.08, which has changed by -0.038080633 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. Over the past 52 weeks, FWONK has reached a high of $78.58, while it has fallen to a 52-week low of $60.95. The 50-Day Moving Average of the stock is 1.51%, while the 200-Day Moving Average is calculated to be 4.65%.

Shares Statistics:

According to the various share statistics, FWONK traded on average about 1.17M shares per day over the past 3-months and 1436610 shares per day over the past 10 days. A total of 208.20M shares are outstanding, with a floating share count of 202.07M. Insiders hold about 13.89% of the company’s shares, while institutions hold 86.37% stake in the company. Shares short for FWONK as of 1714435200 were 3453722 with a Short Ratio of 2.95, compared to 1711584000 on 3629915. Therefore, it implies a Short% of Shares Outstanding of 3453722 and a Short% of Float of 1.7000000000000002.

Earnings Estimates

The market rating for Liberty Media Corp. (FWONK) is a result of the insights provided by 6.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.29 for the current quarter, with a high estimate of $0.37 and a low estimate of $0.19, while EPS last year was $0.41. The consensus estimate for the next quarter is $0.13, with high estimates of $0.37 and low estimates of $0.02.

Analysts are recommending an EPS of between $1.49 and $0.58 for the fiscal current year, implying an average EPS of $1.13. EPS for the following year is $1.44, with 8.0 analysts recommending between $1.8 and $0.99.

Revenue Estimates

According to 6 analysts, the current quarter’s revenue is expected to be $1.02B. It ranges from a high estimate of $1.04B to a low estimate of $997M. As of the current estimate, Liberty Media Corp.’s year-ago sales were $724MFor the next quarter, 6 analysts are estimating revenue of $879.25M. There is a high estimate of $956.4M for the next quarter, whereas the lowest estimate is $815M.

A total of 12 analysts have provided revenue estimates for FWONK’s current fiscal year. The highest revenue estimate was $3.97B, while the lowest revenue estimate was $3.53B, resulting in an average revenue estimate of $3.75B. In the same quarter a year ago, actual revenue was $3.22BBased on 11 analysts’ estimates, the company’s revenue will be $4.04B in the next fiscal year. The high estimate is $4.26B and the low estimate is $3.75B.

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