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Wednesday, September 27, 2023

An Evaluation Of The Liberty SiriusXM Group (NASDAQ: LSXMK) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for The Liberty SiriusXM Group (LSXMK) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $23.42. The The Liberty SiriusXM Group has recorded 12,896 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Liberty Media Corporation Prices Private Offering of $1.0 Billion of 2.375% Exchangeable Senior Debentures Due 2053.

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Stocks Info

LSXMK belongs to the Communication Services sector of the NASDAQ while operating in the Broadcasting industry. At the end of the last regular session, the stock closed at $23.42 and fluctuated between $23.65 as its day high and $22.88 as its day low. The current market capitalization of The Liberty SiriusXM Group is $26.03B. A total of 0.94 million shares were traded on the day, compared to an average of 1.63M shares.

In the most recent transaction, MALONE JOHN C sold 99,454 shares of LSXMK for 69.32 per share on Aug 16. After the transaction, the Chairman of the Board now owns 2,630,381 company shares. In a previous transaction on Aug 16, MAFFEI GREGORY B sold 5,182 shares at 32.82 per share. LSXMK shares that President, CEO owns now total 0.

Among the insiders who sold shares, MALONE JOHN C disposed of 41,154 shares on Aug 15 at a per-share price of $70.02. This resulted in the Chairman of the Board holding 2,729,835 shares of LSXMK after the transaction. In another insider transaction, MALONE JOHN C sold 120,631 shares at $70.30 per share on Aug 11. Company shares held by the Chairman of the Board now total 2,770,989.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for LSXMK in the last 3 months, the mean price target is $35.22 with high estimates of $47.00 and low estimates of $24.00. In terms of 52-week highs and lows, LSXMK has a high of $34.99 and a low of $19.37.

As of this writing, LSXMK has an earnings estimate of $0.9 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $1.4 per share and a lower estimate of $0.7. The company reported an EPS of $0.77 in the last quarter, which was 40.00% higher than expectations of $0.55.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LSXMK’s latest balance sheet shows that the firm has $598.00M in Cash & Short Term Investments as of fiscal 2021. There were $14.26B in debt and $5.18B in liabilities at the time. Its Book Value Per Share was $28.02, while its Total Shareholder’s Equity was $11.60B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LSXMK is Buy with a score of 4.50.

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