Liberty Broadband (LBRDK) Upgraded by Zacks Investment Research to Buy

Liberty Broadband stock has undergone multiple analysts rating changes in the recent past.  Liberty Broadband Upgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Liberty Broadband traded down -$1.99 on Monday, reaching $166.51. 0 shares of the stock traded hands, compared to its average volume of 763866. Shares of Liberty Broadband were trading at $166.51 on Monday. The firm’s 50 day moving average is $181.45 and its 200 day moving average is $164.52.Liberty Broadband has a 12 month low of $166.23 and a 12 month high of $194.05. While on yearly highs and lows, Liberty Broadband’s today has traded high as $168.82 and has touched $166.23 on the downward trend. See More Analyst Rating at: RATING

Liberty Broadband Earnings and What to expect: 

Liberty Broadband last released its earnings results on August 6th, 2021. The reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $1.14 by $0.31. The company had revenue of $242.28 million for the quarter. Liberty Broadband has generated $2.17 earnings per share over the last year ($2.39 diluted earnings per share) and currently has a price-to-earnings ratio of 69.7. Earnings for Liberty Broadband are expected to grow by 163.96% in the coming year, from $3.33 to $8.79 per share. Liberty Broadband has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 3rd, 2021 based off prior year’s report dates.

Earnings for Liberty Broadband are expected to grow by 163.96% in the coming year, from $3.33 to $8.79 per share. The P/E ratio of Liberty Broadband is 69.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.48. The P/E ratio of Liberty Broadband is 69.67, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.21. Liberty Broadband has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Liberty Broadband (LBRDK) Moving Average Technical Analysis

5 day Moving Average is $173.08 And 5 day price change is -$9.55 (-5.42%)  with average volume for 5 day average is 581,160. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $174.98 and 20 day price change is -$18.05 (-9.78%) and average 20 day moving volume is 803,670. 50 day moving average is $181.45  and 50 day price change is -$10.98 ( -6.19%)  and with average volume for 50 days is : 734,000. 200 day moving average is $164.52  and 200 day price change is $9.49 (6.04%)  and with average volume for 200 days is : 969,313.

Other owners latest trading in Liberty Broadband :

  • On 10/8/2021 shares held by Vigilant Capital Management LLC were 150,901 which equates to market value of $26.06M and appx 2.10% owners of Liberty Broadband
  • On 10/8/2021 shares held by Beese Fulmer Investment Management Inc. were 2,866 which equates to market value of $0.50M and appx 0.10% owners of Liberty Broadband
  • On 10/8/2021 shares held by Wedbush Securities Inc. were 2,602 which equates to market value of $0.45M and appx 0.00% owners of Liberty Broadband
  • In total Institutional ownership equates to Institutional Ownership Percentage: 76.59% for Liberty Broadband

See More Analyst Rating at: RATING