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.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. Credit Suisse Group cut their price target on Liberty Broadband to $175.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft cut their target price on shares of Liberty Broadband from $196.00 to $158.00 in a research note on Tuesday, May 10th. TheStreet downgraded shares of Liberty Broadband from a "b-" rating to a "c+" rating in a research note on Wednesday, May 11th. Finally, Benchmark cut their target price on shares of Liberty Broadband to $201.00 in a research note on Friday, May 20th.
Liberty Broadband Trading Down 2.0 %
LBRDA traded down $2.37 during midday trading on Tuesday, hitting $114.39. The company's stock had a trading volume of 198,561 shares, compared to its average volume of 272,901. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.42. The firm has a market cap of $18.62 billion, a P/E ratio of 14.23 and a beta of 0.96. The firm has a 50-day moving average price of $114.01 and a two-hundred day moving average price of $125.34. Liberty Broadband has a 52-week low of $99.52 and a 52-week high of $188.76.
Liberty Broadband (NASDAQ:LBRDA - Get Rating) last issued its earnings results on Friday, May 6th. The company reported $1.77 earnings per share (EPS) for the quarter. Liberty Broadband had a return on equity of 13.51% and a net margin of 142.14%. The business had revenue of $238.00 million during the quarter. On average, research analysts anticipate that Liberty Broadband will post 16.31 earnings per share for the current year.