Liberty Latin America - LILA Stock Forecast, Price & News

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean and Networks, C&W Panama, Liberty Puerto Rico, VTR, and Costa Rica segments. It offers communications and entertainment services, including video, broadband internet, fixed-line telephony, and mobile services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies. The company also operates a sub-sea and terrestrial fiber optic cable network that connects approximately 40 markets. It provides its services in approximately 20 countries in Latin America, the Caribbean, Chile, and Costa Rica under the brands of C&W, VTR, Liberty Puerto Rico, Cabletica, BTC, UTS, Flow, and Móvil. The company was incorporated in 2017 and is based in Hamilton, Bermuda.

Analyst Ratings Changes

Separately, Scotiabank downgraded shares of Liberty Latin America from a "sector perform" rating to a "sector underperform" rating in a research note on Friday, June 3rd.

Liberty Latin America Price Performance

LILA Stock opened at $7.24 on Monday. The stock's 50 day simple moving average is $7.79 and its 200 day simple moving average is $9.28. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.09. Liberty Latin America has a fifty-two week low of $6.76 and a fifty-two week high of $14.79.

Liberty Latin America (NASDAQ:LILA - Get Rating) last issued its earnings results on Wednesday, August 3rd. The company reported ($2.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($2.19). Liberty Latin America had a negative return on equity of 14.23% and a negative net margin of 18.78%. During the same period in the prior year, the firm earned $0.02 earnings per share. Equities research analysts forecast that Liberty Latin America will post 0.52 EPS for the current fiscal year.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, SVP Aamir Hussain bought 10,000 shares of the stock in a transaction that occurred on Tuesday, May 24th. The shares were bought at an average price of $8.99 per share, for a total transaction of $89,900.00. Following the acquisition, the senior vice president now directly owns 10,000 shares of the company's stock, valued at approximately $89,900. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Liberty Latin America news, major shareholder John C. Malone bought 567,151 shares of Liberty Latin America stock in a transaction dated Thursday, May 12th. The stock was bought at an average cost of $8.11 per share, with a total value of $4,599,594.61. Following the completion of the acquisition, the insider now directly owns 567,152 shares in the company, valued at approximately $4,599,602.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Aamir Hussain purchased 10,000 shares of the company's stock in a transaction that occurred on Tuesday, May 24th. The shares were acquired at an average price of $8.99 per share, for a total transaction of $89,900.00. Following the completion of the acquisition, the senior vice president now directly owns 10,000 shares of the company's stock, valued at approximately $89,900. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 1,144,302 shares of company stock valued at $9,289,089. Corporate insiders own 4.68% of the company's stock.