Liberty Latin America Ltd. (NASDAQ:LILA – Get Free Report) SVP John Winter purchased 5,071 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were acquired at an average cost of $19.67 per share, for a total transaction of $99,746.57. Following the transaction, the senior vice president owned 64,547 shares of the company’s stock, valued at $1,269,639.49. This trade represents a 8.53% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Liberty Latin America Price Performance
Shares of LILA opened at $7.62 on Friday. The company has a debt-to-equity ratio of 7.74, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a 50 day simple moving average of $7.54 and a 200 day simple moving average of $7.74. Liberty Latin America Ltd. has a 52-week low of $4.77 and a 52-week high of $9.04. The firm has a market capitalization of $1.53 billion, a PE ratio of -3.07 and a beta of 0.74.
Liberty Latin America (NASDAQ:LILA – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.14). Liberty Latin America had a negative return on equity of 45.66% and a negative net margin of 11.20%.The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Sell-side analysts predict that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.
Institutional Trading of Liberty Latin America
Wall Street Analysts Forecast Growth
Several research firms recently commented on LILA. Morgan Stanley set a $7.00 price objective on shares of Liberty Latin America in a research report on Friday, June 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Latin America in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $10.00.
Check Out Our Latest Analysis on LILA
Liberty Latin America Company Profile
Liberty Latin America is a telecommunications company that provides video, broadband internet, telephony and mobile services across Latin America and the Caribbean. The company’s operations span consumer and business markets, offering cable television packages, high-speed broadband connections, fixed-line voice services and wireless data plans. Through its brands, including Flow in several Caribbean territories and VTR in Chile, Liberty Latin America focuses on delivering converged digital solutions designed to meet both residential and enterprise needs.
Formed in 2018 as a spin-off from Liberty Global, Liberty Latin America built its initial footprint by integrating legacy assets acquired from Cable & Wireless Communications and Columbus Communications.
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