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

Liberty Latin America (NASDAQ:LILAK) is expected to be issuing its quarterly earnings data 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 Stock Performance

NASDAQ LILAK opened at $7.34 on Thursday. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $1.44 billion, a P/E ratio of -2.51 and a beta of 1.02. The stock has a 50-day moving average of $6.55 and a two-hundred day moving average of $8.18. Liberty Latin America has a 1-year low of $5.88 and a 1-year high of $10.93.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LILAK. The Goldman Sachs Group dropped their price objective on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating for the company in a report on Wednesday, December 4th. Scotiabank dropped their price target on shares of Liberty Latin America from $9.40 to $8.30 and set a “sector outperform” rating for the company in a research note on Friday, November 8th.

Insider Activity

In other Liberty Latin America news, Director Brendan J. Paddick bought 5,053 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were purchased at an average price of $6.93 per share, with a total value of $35,017.29. Following the completion of the acquisition, the director now directly owns 1,343,021 shares of the company’s stock, valued at $9,307,135.53. This represents a 0.38 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders purchased 156,298 shares of company stock worth $1,043,886. 9.66% of the stock is currently owned by company insiders.

About Liberty Latin America

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.