Liberty Latin America (LILAK) Expected to Announce Earnings on Wednesday

Liberty Latin America (NASDAQ:LILAK) is projected to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $1.14 billion for the quarter.

Liberty Latin America Trading Up 6.8 %

Shares of Liberty Latin America stock opened at $7.34 on Thursday. Liberty Latin America has a twelve month low of $5.88 and a twelve month high of $10.93. The firm’s 50-day moving average price is $6.55 and its 200 day moving average price is $8.18. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The firm has a market capitalization of $1.44 billion, a PE ratio of -2.51 and a beta of 1.02.

Insider Transactions at Liberty Latin America

In other news, Director Brendan J. Paddick acquired 18,011 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of $6.12 per share, for a total transaction of $110,227.32. Following the completion of the transaction, the director now owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders have purchased a total of 156,298 shares of company stock worth $1,043,886 in the last ninety days. Insiders own 9.66% of the company’s stock.

Analysts Set New Price Targets

LILAK has been the topic of a number of research analyst reports. Scotiabank lowered their price target on Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating on the stock in a research note on Friday, November 8th. The Goldman Sachs Group lowered their target price on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a research note on Wednesday, December 4th.

Liberty Latin America Company Profile

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles 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.