Liberty Broadband Corp Series A (NASDAQ:LBRDA) issued its earnings results on Thursday. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.32), MarketWatch Earnings reports. Liberty Broadband Corp Series A had a return on equity of 0.67% and a net margin of 507.95%.
Shares of LBRDA traded up $0.55 during midday trading on Friday, hitting $99.74. 75,829 shares of the company traded hands, compared to its average volume of 75,740. Liberty Broadband Corp Series A has a 52 week low of $67.75 and a 52 week high of $100.25. The company has a market capitalization of $17.99 billion, a PE ratio of 262.47 and a beta of 1.43. The company has a quick ratio of 10.33, a current ratio of 12.76 and a debt-to-equity ratio of 0.05.
LBRDA has been the subject of several recent analyst reports. TD Securities initiated coverage on shares of Liberty Broadband Corp Series A in a report on Wednesday, January 16th. They issued a “buy” rating and a $105.00 target price for the company. TheStreet raised shares of Liberty Broadband Corp Series A from a “c+” rating to a “b-” rating in a report on Friday, February 1st. Zacks Investment Research downgraded shares of Liberty Broadband Corp Series A from a “buy” rating to a “hold” rating in a report on Saturday, March 9th. BidaskClub downgraded shares of Liberty Broadband Corp Series A from a “buy” rating to a “hold” rating in a report on Thursday, January 17th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $107.00 target price on shares of Liberty Broadband Corp Series A in a report on Tuesday, March 5th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $103.60.
About Liberty Broadband Corp Series A
Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.
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