Liberty Media Corp. Shs -A- Sets New 1-Year High at $149.46 (LMCA)
Shares of Liberty Media Corp. Shs -A- (NASDAQ:LMCA) hit a new 52-week high during trading on Wednesday, AR Network reports. The stock traded as high as $149.46 and last traded at $147.77, with a volume of 439,667 shares trading hands. The stock had previously closed at $147.63.
A number of analysts have recently weighed in on LMCA shares. Analysts at Zacks upgraded shares of Liberty Media Corp. Shs -A- (NASDAQ:LMCA) from an “underperform” rating to an “outperform” rating in a research note to investors on Wednesday, September 11th. They now have a $174.00 price target on the stock. Separately, analysts at Lazard Capital Markets cut their EPS estimates on shares of Liberty Media Corp. Shs -A- (NASDAQ:LMCA) in a research note on Thursday. They now have a “buy” rating and a $177.00 price target on the stock. Finally, analysts at Barclays Capital initiated coverage on shares of Liberty Media Corp. Shs -A- (NASDAQ:LMCA) in a research note to investors on Wednesday, July 31st. They set an “overweight” rating on the stock.
One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $154.29.
Liberty Media Corp. Shs -A- has a one year low of $101.00 and a one year high of $149.46. The stock’s 50-day moving average is $142.3 and its 200-day moving average is $126.6. The company has a market cap of $17.835 billion and a price-to-earnings ratio of 2.12.
Liberty Media Corp. Shs -A- (NASDAQ:LMCA) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.00 earnings per share (EPS) for the quarter. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $135.00 million. Analysts expect that Liberty Media Corp. Shs -A- will post $68.40 EPS for the current fiscal year.
Liberty Media Corporation, formerly Liberty Spinco, Inc, incorporated on August 10, 2012, focuses on the media, communications and entertainment industries through its ownership of interests in subsidiaries and other companies.
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