The Liberty SiriusXM Group (LSXMA) Is A Stock You Should Watch

As of Friday close, The Liberty SiriusXM Group’s (NASDAQ:LSXMA) stock was down -$0.2, moving down -0.85 percent to $23.23. The average number of shares traded per day over the past five days has been 911,920 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.42 fall in that time frame.

Since last month, LSXMA stock retreated -8.53%. Since the beginning of this year, LSXMA’s stock price has dropped by -19.56%. However, the stock has declined by -30.14% since its 52-week high.

Top 5 AI Stocks to Buy for 2023

The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything. According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.

Click Here to Download the FREE Report.

Sponsored

LSXMA stock investors should be aware that The Liberty SiriusXM Group (LSXMA) stock had its last reported insider trading activity 3 days ago on Aug 16. MALONE JOHN C, the Chairman of the Board of the company, disposed of 99,454 shares for $69.32 on Aug 16. It resulted in a $6,894,130 divestment by the insider. MAFFEI GREGORY B sold 5,182 shares at an average price of $32.82 on Aug 16. The insider now owns 0 shares following the transaction. On Aug 15, Chairman of the Board MALONE JOHN C sold 41,154 shares at $70.02 apiece. The transaction was valued at $2,881,504.

Valuation Metrics

Right now, The Liberty SiriusXM Group (LSXMA) has a P/E ratio of about 6.76. The stock’s beta is 1.11. Besides these, the trailing price-to-sales (P/S) ratio of 2.95, the price-to-book (PB) ratio of 0.85, and the price-to-cash flow ratio of 18.78 may also be considered.

Financial Health

In the three months ended March 30, The Liberty SiriusXM Group’s quick ratio stood at 0.40, while its current ratio was 0.40, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.38, and the total debt-to-equity ratio was 1.45. On the profitability front, the trailing twelve-month gross margin is 53.50% percent. In the year ended March 30, operating margins totaled 20.20%. Based on annual data, LSXMA earned $6.28 billion in gross profit and brought in $12.16 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.60%. Return on equity (ROE) for the past 12 months was 13.70%.

In The Liberty SiriusXM Group’s quarter-end financial report for March 30, it reported total debt of $15.43 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. LSXMA’s revenue fell -0.43% to $2.56 billion during the quarter, while net income inched up to $3.24 billion. While analysts expected The Liberty SiriusXM Group to report $0.86 quarterly earnings, the actual figure was -$0.43 per share. During the quarter, the company generated $600.0 million in EBITDA. The liabilities of The Liberty SiriusXM Group were 23.25 billion at the end of its most recent quarter ended March 30, and its total debt was $12.73 billion. The value of shareholders’ equity is $614.08 million.

Technical Picture

This quick technical analysis looks at The Liberty SiriusXM Group’s (LSXMA) price momentum. With a historical volatility rate of 32.49%, the RSI 9-day stood at 44.93% on 18 August.

Analyst Ratings

Seaport Research Partners launched its rating on The Liberty SiriusXM Group (NASDAQ: LSXMA) to a Neutral in a note to investors on April 24, 2023. The Liberty SiriusXM Group (LSXMA) has been rated Buy by analysts. According to 0 brokerage firms, LSXMA is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate The Liberty SiriusXM Group stock as buy, with 8 recommending it as overweight.

With a median target price of $38.00, the current consensus forecast for the stock is $24.00 – $47.00. Based on these forecasts, analysts predict The Liberty SiriusXM Group (LSXMA) will achieve an average price target of $35.77.

Most Popular

Related Posts