Zacks: GCI Liberty Inc Class A (GLIBA) Receives Average Recommendation of “Strong Buy” from Analysts
GCI Liberty Inc Class A (NASDAQ:GLIBA) has been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price objective of $65.00 for the company and are expecting that the company will post ($0.11) earnings per share for the current quarter, according to Zacks. Zacks has also given GCI Liberty Inc Class A an industry rank of 68 out of 255 based on the ratings given to related companies.
Several equities research analysts recently weighed in on the company. Zacks Investment Research raised GCI Liberty Inc Class A from a “sell” rating to a “hold” rating in a report on Monday, July 30th. B. Riley lowered their target price on GCI Liberty Inc Class A from $70.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, August 2nd.
Shares of NASDAQ GLIBA traded up $0.64 during mid-day trading on Friday, hitting $47.14. 410,027 shares of the stock traded hands, compared to its average volume of 467,487. The company has a debt-to-equity ratio of 0.64, a current ratio of 5.63 and a quick ratio of 5.63. GCI Liberty Inc Class A has a twelve month low of $41.33 and a twelve month high of $55.47.
GCI Liberty Inc Class A (NASDAQ:GLIBA) last released its quarterly earnings data on Wednesday, August 8th. The company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.45. GCI Liberty Inc Class A had a negative return on equity of 25.80% and a negative net margin of 81.45%. The company had revenue of $233.49 million for the quarter, compared to the consensus estimate of $228.00 million. Equities research analysts forecast that GCI Liberty Inc Class A will post -1.58 EPS for the current year.
GCI Liberty Inc Class A Company Profile
GCI Liberty, Inc provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions. It also provides cable services; and online invitation and social event planning services, as well as engages in the online lending and real estate business.
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