Liberty Broadband Corporation engages in the communications businesses. It operates through GCI Holdings and Charter segments. The GCI Holdings segment provides a range of wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. The Charter segment offers subscription-based video services comprising video on demand, high-definition television, and digital video recorder service; local and long-distance calling, voicemail, call waiting, caller ID, call forwarding, and other voice services, as well as international calling services; and Spectrum TV. It also provides internet services, including an in-home Wi-Fi product that provides customers with high-performance wireless routers and managed Wi-Fi services; advanced community Wi-Fi; mobile internet; and a security suite that offers protection against computer viruses and spyware. In addition, this segment offers internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks and digital outlets; and operates regional sports and news networks. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on LBRDA. Benchmark cut their price target on Liberty Broadband to $201.00 in a report on Friday, May 20th. Deutsche Bank Aktiengesellschaft cut their price target on Liberty Broadband from $196.00 to $158.00 in a report on Tuesday, May 10th. Credit Suisse Group dropped their target price on Liberty Broadband to $175.00 in a report on Monday. Finally, TheStreet cut Liberty Broadband from a "b-" rating to a "c+" rating in a report on Wednesday, May 11th.
Liberty Broadband Price Performance
Shares of NASDAQ:LBRDA traded down $4.72 during trading on Wednesday, hitting $115.46. The company had a trading volume of 141,999 shares, compared to its average volume of 271,330. The company has a market cap of $18.79 billion, a P/E ratio of 14.95 and a beta of 0.96. Liberty Broadband has a 52 week low of $99.52 and a 52 week high of $188.76. The business's 50-day moving average is $114.07 and its 200 day moving average is $124.58. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.23 and a current ratio of 1.23.