Liberty Broadband (NASDAQ:LBRDK – Free Report) had its price objective increased by Morgan Stanley from $62.00 to $69.00 in a research note issued to investors on Friday morning, Benzinga reports. They currently have an equal weight rating on the stock.
Liberty Broadband Stock Performance
Shares of LBRDK opened at $56.87 on Friday. The firm has a market capitalization of $8.12 billion, a P/E ratio of 9.66 and a beta of 1.01. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 1.81. Liberty Broadband has a one year low of $46.46 and a one year high of $95.68. The business has a fifty day moving average of $53.04 and a 200 day moving average of $58.08.
Liberty Broadband (NASDAQ:LBRDK – Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.38 by ($0.69). Liberty Broadband had a net margin of 87.75% and a return on equity of 9.55%. The firm had revenue of $245.00 million for the quarter, compared to the consensus estimate of $244.41 million. As a group, sell-side analysts anticipate that Liberty Broadband will post 9.05 EPS for the current year.
Institutional Investors Weigh In On Liberty Broadband
Liberty Broadband Company Profile
Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.
See Also
- Five stocks we like better than Liberty Broadband
- How to Capture the Benefits of Dividend Increases
- Why This AI Stock is Rising Despite Tech Sell-Off
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- MarketBeat Week in Review – 7/15 – 7/19
- With Risk Tolerance, One Size Does Not Fit All
- Investors Are Moving into Bonds and Small Cap Stocks: Here’s Why
Receive News & Ratings for Liberty Broadband Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband and related companies with MarketBeat.com's FREE daily email newsletter.