Benchmark reiterates buy rating on Liberty Latin America stock

Published 02/06/2025, 14:44
Benchmark reiterates buy rating on Liberty Latin America stock

On Monday, Benchmark analysts reiterated their Buy rating for Liberty Latin America stock (NASDAQ:LILA), maintaining a price target of $12. The analysts emphasized their confidence in the stock despite market uncertainties related to President Trump’s tariff policies affecting Caribbean and Central American economies. According to InvestingPro data, the stock appears undervalued, with analyst targets ranging from $6 to $14.50, despite falling over 30% in the past six months.

The analysts noted that Liberty Latin America operates in what they describe as a "valuation Bizarro World," where the current stock price significantly exaggerates a capital call for Liberty Puerto Rico, which they believe does not exist due to the company’s siloed debt structure. Benchmark’s $12 price target considers a nearly $900 million negative equity value for Puerto Rico, based on debt at an 8.0x ratio of annualized Covenant EBITDA from the last two quarters. The company’s current enterprise value stands at just 6.3x EBITDA, with impressive gross profit margins of 78% (Get more detailed valuation metrics with InvestingPro).

Liberty Latin America has achieved over 30% Fixed Mobile Convergence across its major markets, indicating potential for further growth. The company benefits from stable duopoly market structures, with national businesses holding leading positions.

For the first quarter of 2025, Liberty Latin America reported an 8% growth in Adjusted OIBDA, with strong double-digit growth in the major C&W Caribbean and C&W Panama businesses.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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