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Liberty Media Corp (A) hits 52-week high, reaching $73.875

Published 25/07/2024, 16:34
FWONA
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Liberty Media Corp (A) (NASDAQ:FWONA) has reached a new 52-week high, with its stock price soaring to $73.875. This milestone reflects a significant uptick in the company's performance, marking a high point in its trading history over the past year. The 52-week high data underscores the robust growth trajectory of Liberty Media Corp (A), which has seen its stock price climb steadily. Notably, the 1-year change data further illuminates the company's strong performance, with a substantial increase of 18.27% recorded. This impressive growth rate underscores the company's resilience and its ability to deliver value to its shareholders.

In other recent news, Liberty Media Corp-Liberty Formula One experienced a positive shift in perspective from Deutsche Bank (ETR:DBKGn). The firm upgraded the stock from Hold to Buy and raised the company's price target to $83.00, ascending from the previous target of $73.00. This upgrade reflects Liberty Formula One's attractive valuation, based on a 20x 2025 estimated enterprise value to earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) and a 4.2% unlevered free cash flow (UFCF) yield for 2025. Deutsche Bank's analysis suggests that the valuation is on the lower end of the historical 19-33x EV/EBITDA range. The bank maintains a positive outlook on the company's multi-year growth prospects, citing multiple levers expected to drive growth and a strong position for Liberty Media's Formula One in the market. These are recent developments for the company.

InvestingPro Insights

Liberty Media Corp (A) (FWONA) has indeed been charting a course of robust growth, as evidenced by its recent 52-week high. To provide further insight, InvestingPro data shows the company's market cap stands at a solid 17.31 billion USD, reflecting significant market confidence. Additionally, the company's revenue growth over the last twelve months up to Q1 2023 has been impressive at 32.15%, with an even more striking quarterly revenue growth of 54.07% in Q1 2023. This indicates a strong upward trend in the company's financial performance.

InvestingPro Tips also reveal that analysts have revised their earnings upwards for the upcoming period, suggesting potential for continued growth. Moreover, the company's stock is noted to trade with low price volatility, which might appeal to investors looking for stable investment opportunities. It's also worth mentioning that Liberty Media Corp (A) is trading at a high revenue valuation multiple, which could indicate that the market expects high future growth or that the stock might be overvalued compared to its revenues.

For readers interested in a deeper analysis, there are additional InvestingPro Tips available that could shed more light on the company's prospects. For those considering a subscription, use coupon code PRONEWS24 to get up to 10% off a yearly Pro and a yearly or biyearly Pro+ subscription. With 14 more tips available on InvestingPro, investors can gain a comprehensive understanding of Liberty Media Corp (A)'s financial health and future outlook.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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