How Analysts Feel About The Liberty SiriusXM Group (LSXMK)?

As of Thursday close, The Liberty SiriusXM Group’s (NASDAQ:LSXMK) stock was down -$0.19, moving down -0.83 percent to $22.78. The average number of shares traded per day over the past five days has been 1,608,840 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.57 fall in that time frame. In the last twenty days, the average volume was 1,115,770.

Since last month, LSXMK stock retreated -4.29%. Shares of the company fell to $22.43 on 09/15/23, the lowest level in the past month. Since the beginning of this year, LSXMK’s stock price has dropped by -24.82%. However, the stock has declined by -34.89% since its 52-week high.

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LSXMK stock investors should be aware that The Liberty SiriusXM Group (LSXMK) stock had its last reported insider trading activity 37 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 (LSXMK) has a P/E ratio of about 8.60. The stock’s beta is 1.13. Besides these, the trailing price-to-sales (P/S) ratio of 2.90, the price-to-book (PB) ratio of 0.81.

While analysts expected The Liberty SiriusXM Group to report $0.49 quarterly earnings, the actual figure was $0.38 per share, beating the consensus estimate by -22.40%.

Technical Picture

This quick technical analysis looks at The Liberty SiriusXM Group’s (LSXMK) price momentum. With a historical volatility rate of 30.68%, the RSI 9-day stood at 43.72% on 21 September.

With respect to its five-day moving average, the current The Liberty SiriusXM Group price is down by -2.44% percent or -$0.57. At present, LSXMK shares trade -4.45% below its 20-day simple moving average.

Stochastic coefficient K was 20.45% and Stochastic coefficient D was 16.92%, while ATR was 0.70. Given the Stochastic reading of 15.45% for the 14-day period, the RSI (14) reading has been calculated as 47.03%. As of today, the MACD Oscillator reading stands at -0.03, while the 14-day reading stands at -0.27.

Analyst Ratings

Seaport Research Partners upgraded its rating on The Liberty SiriusXM Group (NASDAQ: LSXMK) to a Buy in a note to investors on August 21, 2023. The analysts firm previously had a Neutral rating on the stock.The Liberty SiriusXM Group (LSXMK) has been rated Buy by analysts. According to 0 brokerage firms, LSXMK is a sell, and 1 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 7 recommending it as overweight.

With a median target price of $36.00, the current consensus forecast for the stock is $24.00 – $47.00. Based on these forecasts, analysts predict The Liberty SiriusXM Group (LSXMK) will achieve an average price target of $35.88.

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