Media stories about Liberty Media (NASDAQ:LSXMA) have been trending positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Liberty Media earned a daily sentiment score of 0.44 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.1093866654787 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
LSXMA has been the topic of several recent analyst reports. ValuEngine cut Liberty Media to a “strong-buy” rating in a research report on Monday, April 2nd. Zacks Investment Research cut Liberty Media from a “buy” rating to a “hold” rating in a research report on Wednesday, March 28th. Citigroup upgraded Liberty Media from a “neutral” rating to a “buy” rating and set a $54.00 target price on the stock in a research report on Monday, January 29th. Gabelli reiterated a “buy” rating on shares of Liberty Media in a research report on Monday, March 12th. Finally, Deutsche Bank upgraded Liberty Media from a “hold” rating to a “buy” rating and upped their price target for the stock from $46.00 to $54.00 in a report on Friday, January 19th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $54.20.
Shares of LSXMA traded up $0.08 on Tuesday, reaching $40.48. The stock had a trading volume of 130,348 shares, compared to its average volume of 536,675. Liberty Media has a twelve month low of $36.33 and a twelve month high of $46.43. The stock has a market cap of $13,472.89, a P/E ratio of 12.21, a P/E/G ratio of 0.78 and a beta of 1.93.
Liberty Media (NASDAQ:LSXMA) last posted its earnings results on Thursday, March 1st. The technology company reported $2.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $1.54. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.40 billion. equities analysts expect that Liberty Media will post 2.1 earnings per share for the current fiscal year.
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Liberty Media Company Profile
Liberty Media Corp. engages in the operation and ownership of various media, communications, and entertainment businesses. Its businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group, and the Formula One Group. It provides equipment and technology that deliver location-based services to wireless users.
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