Wall Street predicts Liberty Media Corp. (LSXMA) stock to surge by 34.4%

At the time of writing, Liberty Media Corp. [LSXMA] stock is trading at $21.95, up 3.00%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LSXMA shares have gain 3.34% over the last week, with a monthly amount drifted -6.04%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Liberty Media Corp. [NASDAQ: LSXMA] stock has seen the most recent analyst activity on June 24, 2024, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $27 from $36. Previously, Seaport Research Partners upgraded its rating to Buy on April 29, 2024, and kept the price target unchanged to $36. On April 24, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $28 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Seaport Research Partners upgraded its rating to a Buy but $32 remained the price target by the analyst firm on August 21, 2023. In a note dated December 09, 2021, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $57 to $56.

For the past year, the stock price of Liberty Media Corp. fluctuated between $20.13 and $31.69. Currently, Wall Street analysts expect the stock to reach $29.5 within the next 12 months. Liberty Media Corp. [NASDAQ: LSXMA] shares were valued at $21.95 at the most recent close of the market. An investor can expect a potential return of 34.4% based on the average LSXMA price forecast.

Analyzing the LSXMA fundamentals

According to Liberty Media Corp. [NASDAQ:LSXMA], the company’s sales were 8.90B for trailing twelve months, which represents an -3.20% plunge. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.16%, 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 0.1 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.01.

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 21.58 points at the first support level, and at 21.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.51, and for the 2nd resistance point, it is at 23.08.

Ratios To Look Out For

It is important to note that Liberty Media Corp. [NASDAQ:LSXMA] has a current ratio of 0.38. As well, the Quick Ratio is 0.31, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 0.69 and price to earnings (TTM) ratio is 10.86.

Transactions by insiders

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

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