Liberty Latin America Ltd (NASDAQ:LILA) has earned an average recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $24.00.
Several research analysts have recently issued reports on LILA shares. TheStreet cut Liberty Latin America from a “c” rating to a “d+” rating in a research report on Tuesday, August 6th. Zacks Investment Research upgraded shares of Liberty Latin America from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. Barclays upgraded shares of Liberty Latin America from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $18.00 to $20.00 in a report on Thursday. ValuEngine cut shares of Liberty Latin America from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, BidaskClub upgraded shares of Liberty Latin America from a “sell” rating to a “hold” rating in a report on Thursday, September 12th.
In other news, Director Eric Louis Zinterhofer bought 100,000 shares of the business’s stock in a transaction on Monday, September 9th. The stock was purchased at an average price of $17.00 per share, with a total value of $1,700,000.00. Also, insider Balan Nair bought 15,060 shares of the business’s stock in a transaction on Friday, August 9th. The shares were purchased at an average cost of $16.60 per share, with a total value of $249,996.00. The disclosure for this purchase can be found here. Insiders purchased 261,467 shares of company stock valued at $4,311,036 over the last quarter. 13.82% of the stock is currently owned by corporate insiders.
Shares of NASDAQ:LILA traded up $0.07 on Thursday, hitting $18.53. 203,162 shares of the company’s stock were exchanged, compared to its average volume of 185,510. The firm’s 50-day moving average is $17.42 and its 200 day moving average is $17.89. The company has a market capitalization of $3.35 billion, a PE ratio of -9.31 and a beta of 1.81. Liberty Latin America has a 1-year low of $13.96 and a 1-year high of $21.90.
Liberty Latin America (NASDAQ:LILA) last released its quarterly earnings data on Tuesday, August 6th. The company reported ($0.64) earnings per share (EPS) for the quarter. The firm had revenue of $982.90 million during the quarter.
About Liberty Latin America
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. 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.
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