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Added to YB: 2024-02-05

Pitch date: 2024-02-04

LBRDA [bullish]

Liberty Broadband Corporation

-13.59%

current return

Author Info

No bio for this author

Company Info

Liberty Broadband Corporation engages in a range of communications businesses in the United States. The company offers subscription-based internet, mobile, and video and voice services; and residential and business services, including Spectrum Internet, mobile, TV, and voice products; Spectrum Business that offers Internet, mobile, video and voice services to small businesses, as well as tailored connectivity, communications and managed service solutions for mid-market and large businesses; and Spectrum Reach that provides local, regional and national businesses to advertise in individual and multiple service areas on cable television networks, and various streaming services and advertising platforms.

Market Cap

$7.9B

Pitch Price

$62.45

Price Target

91.96 (+70%)

Dividend

N/A

EV/EBITDA

-3.39

P/E

-3.38

EV/Sales

N/A

Sector

Media

Category

value

Show full summary:
Liberty Broadband: Dirt Cheap After The Charter Crash

$LBRDA: 26% of $CHTR at $13.5B post-Q4 crash + GCI at $2.7B EV undervalued w/ $9.7B mcap & $2.6B debt. Stock at 28% discount to CHTR stake (38% upside). $8.5B '27 FCF on expansion & competitive position. 6x '27 FCF = 4.4x via tracking stock. Buybacks to outperform.

Read full article (4 min)