The Liberty SiriusXM Group (NASDAQ:LSXMA) shares traded -3.27% lower at $33.44 on Wall Street last session.
In accordance with the data, 9 analysts cover The Liberty SiriusXM Group (NASDAQ:LSXMA). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $57.00 and a low of $36.00, we find $39.50. Given the previous closing price of $34.57, this indicates a potential upside of 14.26 percent. LSXMA stock price is now 9.58% away from the 50-day moving average and -3.97% away from the 200-day moving average. The market capitalization of the company currently stands at $27.96B.
It has been rated a hold by 2 analysts and a buy by 7. Brokers who have rated the stock have averaged $43.13 as their price target over the next twelve months.
In other news, GAMCO INVESTORS, INC. ET AL, 10% Owner bought 500 shares of the company’s stock on Jul 07. The stock was bought for $19,980 at an average price of $39.96. Upon completion of the transaction, the 10% Owner now directly owns 1,010 shares in the company, valued at $33774.4. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06, Chief Corp. Dev. Officer ROSENTHALER ALBERT E sold 5,882 shares of the business’s stock. A total of $434,047 was realized by selling the stock at an average price of $73.79. This leaves the insider owning 72,644 shares of the company worth $2.43 million. A total of 3.88% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LSXMA stock. A new stake in The Liberty SiriusXM Group shares was purchased by CLIFFORD CAPITAL PARTNERS LLC during the first quarter worth $10,392,000. SOROS FUND MANAGEMENT LLC invested $3,897,000 in shares of LSXMA during the first quarter. In the first quarter, SQUAREPOINT OPS LLC acquired a new stake in The Liberty SiriusXM Group valued at approximately $2,706,000. DIAMETRIC CAPITAL, LP acquired a new stake in LSXMA for approximately $2,673,000. SEA OTTER ADVISORS LLC purchased a new stake in LSXMA valued at around $2,341,000 in the second quarter. In total, there are 520 active investors with 98.58% ownership of the company’s stock.
The Liberty SiriusXM Group (NASDAQ: LSXMA) opened at $34.29 on Friday. During the past 12 months, The Liberty SiriusXM Group has had a low of $25.05 and a high of $45.26. As of last week, the company has a debt-to-equity ratio of 1.45, a current ratio of 0.40, and a quick ratio of 0.40. According to the stock market information, the enterprise value for the company is $23.36B, which is based on a 9.74 price-to-earnings ratio, a 0.22 price-to-earnings-growth ratio, and a beta of 1.14. The fifty day moving average price for LSXMA is $30.63 and a two-hundred day moving average price translates $34.79 for the stock.
The latest earnings results from The Liberty SiriusXM Group (NASDAQ: LSXMA) was released for Mar, 2023. According to the Broadcasting Company, earnings per share came in at -$0.47, missing analysts’ expectations of $0.94 by -1.41. This compares to $0.46 EPS in the same period last year. The net profit margin was 13.20% and return on equity was 13.70% for LSXMA. The company reported revenue of $2.56 billion for the quarter, compared to $2.57 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.51 percent. For the current quarter, analysts expect LSXMA to generate $2.26B in revenue.
The Liberty SiriusXM Group(LSXMA) Company Profile
The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and traffic information services, which provide information as to road closings, traffic flow and incident data to consumers with compatible in-vehicle navigation systems, and real-time weather services in vehicles, boats, and planes. In addition, the company operates a music, comedy, and podcast streaming platform. Further, it offers ad-supported radio services; Pandora Plus, a radio subscription service; and Pandora Premium, an on-demand subscription service. Additionally, the company distributes satellite radios through automakers and retailers, as well as through its website. As of December 31, 2021, it served approximately 34.0 million subscribers through Sirius XM and approximately 6.4 million subscribers through Pandora. The Liberty SiriusXM Group is based in Englewood, Colorado. The Liberty SiriusXM Group operates as a subsidiary of Liberty Media Corporation.
