Shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) have earned an average broker rating score of 1.50 (Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy recommendation. Liberty Sirius XM Group Series C’s rating score has declined by 20% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Analysts have set a 12-month consensus price objective of $55.00 for the company and are anticipating that the company will post $0.28 earnings per share for the current quarter, according to Zacks. Zacks has also given Liberty Sirius XM Group Series C an industry rank of 185 out of 256 based on the ratings given to its competitors.
Several analysts have recently commented on the company. Zacks Investment Research downgraded Liberty Sirius XM Group Series C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 12th. Morgan Stanley restated an “overweight” rating and issued a $51.00 target price on shares of Liberty Sirius XM Group Series C in a research note on Friday, March 15th.
Shares of Liberty Sirius XM Group Series C stock opened at $39.17 on Friday. The stock’s 50-day simple moving average is $37.28. The firm has a market cap of $8.26 billion, a P/E ratio of 19.49 and a beta of 1.18. Liberty Sirius XM Group Series C has a 1-year low of $34.84 and a 1-year high of $48.56.
Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last issued its earnings results on Thursday, May 9th. The technology company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by ($0.21). The firm had revenue of $1.74 billion during the quarter. Research analysts forecast that Liberty Sirius XM Group Series C will post 1.48 earnings per share for the current year.
About Liberty Sirius XM Group Series C
The Liberty SiriusXM Group, through its subsidiary, Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.
Recommended Story: What is a Futures Contract?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Liberty Sirius XM Group Series C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Sirius XM Group Series C and related companies with MarketBeat.com's FREE daily email newsletter.