Analysts Expect Liberty Sirius XM Group Series C (NASDAQ:LSXMK) to Post $0.53 Earnings Per Share

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) has earned an average broker rating score of 1.25 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating and one has given a strong buy rating to the company.

Brokers have set a twelve-month consensus target price of $62.25 for the company and are predicting that the company will post $0.53 EPS for the current quarter, according to Zacks. Zacks has also assigned Liberty Sirius XM Group Series C an industry rank of 158 out of 255 based on the ratings given to related companies.

A number of equities research analysts recently weighed in on LSXMK shares. Zacks Investment Research cut Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. Morgan Stanley set a $61.00 target price on Liberty Sirius XM Group Series C and gave the stock a “buy” rating in a research note on Monday, November 4th.

NASDAQ:LSXMK opened at $47.63 on Wednesday. The business’s 50-day moving average is $46.21 and its 200 day moving average is $41.46. The company has a market capitalization of $9.69 billion, a P/E ratio of 23.70, a P/E/G ratio of 2.30 and a beta of 1.22. Liberty Sirius XM Group Series C has a 12 month low of $34.84 and a 12 month high of $48.80.

Large investors have recently modified their holdings of the stock. Massey Quick Simon & CO. LLC acquired a new position in Liberty Sirius XM Group Series C in the 3rd quarter valued at about $28,000. Steward Partners Investment Advisory LLC increased its stake in Liberty Sirius XM Group Series C by 168.8% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the technology company’s stock worth $39,000 after buying an additional 584 shares during the period. Financial Gravity Wealth Inc. lifted its holdings in Liberty Sirius XM Group Series C by 302.3% during the 2nd quarter. Financial Gravity Wealth Inc. now owns 1,062 shares of the technology company’s stock worth $40,000 after buying an additional 798 shares in the last quarter. Private Ocean LLC lifted its holdings in Liberty Sirius XM Group Series C by 1,939.2% during the 3rd quarter. Private Ocean LLC now owns 1,040 shares of the technology company’s stock worth $44,000 after buying an additional 989 shares in the last quarter. Finally, TRUE Private Wealth Advisors purchased a new position in Liberty Sirius XM Group Series C in the 2nd quarter valued at approximately $49,000. 80.47% of the stock is owned by hedge funds and other institutional investors.

Liberty Sirius XM Group Series C Company Profile

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.

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