[Business Wire] Liberty Media Corp (NASDAQ:LMCA)(TREND ANALYSIS) will webcast its annual Investor Meeting on Thursday, November 12, 2015 with presentations beginning at 12:30 p.m. E.S.T. During these presentations, observations may be made regarding the company’s financial performance, outlook and recent developments.
The presentation will be broadcast live via the Internet. All interested persons should visit the Liberty Media Corporation website at http://www.libertymedia.com/events to register for the webcast. An archive of the webcast will also be available on this website for one year.
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Liberty Media Corp (NASDAQ:LMCA) stock is currently trading 0.22% below its 52-week-high, 25.93% above its 52-week-low. The 1-year stock price history is in the range of $32.67 – $41.23. Liberty Media Corp (LMCA) has a price to earnings ratio of 95.45 versus Services sector average of 27.58. LMCA stock price has outperformed the Nasdaq by 6.1%. The Television company is currently valued at $13.8 billion and its share price closed the last trading session at $41.14. The stock has a 50-day moving average of $37.98 and a 200-day moving average of $37.77.
Liberty Media Corp (LMCA) current short interest stands at 2.02 million shares. It has decreased by 4% from the same period of last month. Around 1% of the company’s shares, which are float, are short sold. With a 10-days average volume of 1.16 million shares, the number of days required to cover the short positions stand at 1.8 days.
The company is expected to announce next quarter earnings on November 04, at consensus estimate of $0.24. Liberty Media Corp (LMCA) reported last quarter earnings on August 05. The Television company announced earnings per share of $0.18 against a consensus Street estimate of $0.23, missing estimate by $0.05. This corresponds to an increase of $0.09 compared to the same quarter of the previous fiscal year.
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There are currently ten analysts that cover Liberty Media Corp stock. Of those ten, nine have a Buy rating, one has a Hold rating. On a consensus basis this yields to a Buy rating. The consensus target price stands at $46.9.
A recent analyst activity consisted of Deutsche Bank upgrading their Hold rating to Buy on August 4. Deutsche Bank set their price target at $46. This corresponds to a 11.81% upside from the last closing price. On the date of report, the stock closed at $38.37.
Buckingham Research upgraded their Neutral rating to Buy on March 31. On the date of report, the stock closed at $38.55.
Another research firm was Barclays who reiterated their Overweight stance on March 12. Barclays decreased price target from $57 to $44. This translates to a 6.95% upside from the last closing price. On the date of report, the stock closed at $39.53.
Liberty Media Corporation offers services within media, communications and entertainment industries through their operating subsidiaries and investments in various publicly-traded companies.