Professional
Added to YB: 2024-04-08
Pitch date: 2023-12-31
LBRDA [bullish]
Liberty Broadband Corporation
-28.14%
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
$75.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.39
P/E
-3.38
EV/Sales
N/A
Sector
Media
Category
value
Meridian Hedged Equity Fund Portfolio Holding: Liberty Broadband Corporation
LBRDA: Holding co. trading 30% below NAV due to 90% stake in $CHTR, a cable provider w/ 32M customers across 41 states. Despite CHTR's missed sub growth & $1B extra capex, LBRDA is a quality asset at a sizeable discount based on CHTR's underlying strengths amid industry challenges.
Read full article (1 min)