Free Trial

Liberty Broadband (NASDAQ:LBRDK) Shares Gap Down - What's Next?

Liberty Broadband logo with Consumer Discretionary background

Key Points

  • Liberty Broadband shares experienced a significant drop, opening at $76.50 after closing at $86.75, and trading at $71.36 with a volume of 352,322 shares.
  • The company was recently upgraded to a "hold" rating by Wall Street Zen, indicating mixed sentiment from analysts.
  • Liberty Broadband reported an earnings per share (EPS) of $1.87 for the previous quarter and has a forecasted EPS of 7.71 for the current fiscal year.
  • Approximately 80.22% of Liberty Broadband's stock is owned by institutional investors and hedge funds, which have been active in modifying their holdings recently.
  • Five stocks we like better than Liberty Broadband.
  • Limited Time Offer: Unlock powerful research tools, advanced financial data, and expert insights to help you invest with confidence. Save 50% when you upgrade to MarketBeat All Access during the month of July. Claim your discount here.

Shares of Liberty Broadband Corporation (NASDAQ:LBRDK - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $86.75, but opened at $76.50. Liberty Broadband shares last traded at $71.36, with a volume of 352,322 shares changing hands.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Liberty Broadband to a "hold" rating in a research note on Saturday, July 12th.

Get Our Latest Report on LBRDK

Liberty Broadband Stock Down 18.3%

The firm has a market capitalization of $10.16 billion, a price-to-earnings ratio of 11.33 and a beta of 1.01. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The firm has a fifty day moving average price of $94.41 and a 200 day moving average price of $86.17.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.87 EPS for the quarter. The business had revenue of $256.00 million for the quarter. Liberty Broadband had a return on equity of 9.24% and a net margin of 88.10%. Sell-side analysts anticipate that Liberty Broadband Corporation will post 7.71 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of LBRDK. SouthState Corp acquired a new position in Liberty Broadband during the 1st quarter worth $25,000. Vestor Capital LLC acquired a new position in Liberty Broadband during the 1st quarter worth $44,000. Fortitude Family Office LLC acquired a new position in Liberty Broadband during the 2nd quarter worth $48,000. Continuum Advisory LLC acquired a new position in Liberty Broadband during the 1st quarter worth $58,000. Finally, GAMMA Investing LLC lifted its holdings in Liberty Broadband by 39.2% during the 2nd quarter. GAMMA Investing LLC now owns 589 shares of the company's stock worth $58,000 after buying an additional 166 shares in the last quarter. 80.22% of the stock is owned by institutional investors and hedge funds.

About Liberty Broadband

(Get Free Report)

Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Liberty Broadband Right Now?

Before you consider Liberty Broadband, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Broadband wasn't on the list.

While Liberty Broadband currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines