Liberty Media Corp.’s stock (FWONK) continues to rise above its goal

Liberty Media Corp. [FWONK] stock prices are up 0.33% to $72.67 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FWONK shares have gain 0.64% over the last week, with a monthly amount glided 1.54%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Liberty Media Corp. [NASDAQ: FWONK] stock has seen the most recent analyst activity on December 18, 2023, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $70 from $80. Previously, Wolfe Research upgraded its rating to Outperform on September 05, 2023. On February 24, 2023, Wolfe Research initiated with a Peer Perform rating. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $81 on April 26, 2022. Goldman initiated its recommendation with a Neutral and recommended $48 as its price target on July 16, 2021. In a note dated May 16, 2019, B. Riley FBR upgraded an Buy rating on this stock and boosted its target price from $35 to $46.

The stock price of Liberty Media Corp. [FWONK] has been fluctuating between $60.95 and $78.58 over the past year. Currently, Wall Street analysts expect the stock to reach $80 within the next 12 months. Liberty Media Corp. [NASDAQ: FWONK] shares were valued at $72.67 at the most recent close of the market. An investor can expect a potential return of 10.09% based on the average FWONK price forecast.

Analyzing the FWONK fundamentals

The Liberty Media Corp. [NASDAQ:FWONK] reported sales of 3.39B for trailing twelve months, representing a surge of 44.36%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.45.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 72.07 points at the first support level, and at 71.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.11, and for the 2nd resistance point, it is at 73.56.

Ratios To Look Out For

It’s worth pointing out that Liberty Media Corp. [NASDAQ:FWONK]’s Current Ratio is 1.65. Further, the Quick Ratio stands at 1.65, while the Cash Ratio is 1.16. Considering the valuation of this stock, the price to sales ratio is 5.03, the price to book ratio is 2.63 and price to earnings (TTM) ratio is 55.55.

Transactions by insiders

Recent insider trading involved BERKSHIRE HATHAWAY INC, 10% Owner, that happened on Jun 14 ’24 when 12419.0 shares were sold. 10% Owner, BERKSHIRE HATHAWAY INC completed a deal on Jun 13 ’24 to sell 52911.0 shares. Meanwhile, CAO/PFO Wendling Brian J sold 145.0 shares on Jun 04 ’24.

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