Liberty Global PLC (NASDAQ:LBTYA) has been given a consensus recommendation of “Hold” by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $31.20.
Several research analysts have recently weighed in on the company. Bank of America set a $25.00 target price on Bed Bath & Beyond and gave the stock a “buy” rating in a research note on Wednesday, April 10th. BidaskClub raised WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Thursday. Societe Generale set a $36.00 target price on Liberty Global and gave the stock a “buy” rating in a research note on Wednesday, July 3rd. Pivotal Research reaffirmed a “buy” rating and set a $31.00 target price on shares of Liberty Global in a research note on Sunday, June 30th. Finally, Zacks Investment Research raised Triple-S Management from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research note on Monday, April 29th.
In other news, CEO Michael T. Fries sold 156,397 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $24.71, for a total transaction of $3,864,569.87. Following the completion of the transaction, the chief executive officer now directly owns 2,060,295 shares in the company, valued at approximately $50,909,889.45. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Richard R. Green sold 40,448 shares of the stock in a transaction on Monday, May 13th. The stock was sold at an average price of $24.54, for a total value of $992,593.92. Following the transaction, the director now owns 15,993 shares of the company’s stock, valued at $392,468.22. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 234,951 shares of company stock valued at $5,806,909. 6.48% of the stock is owned by company insiders.
NASDAQ LBTYA traded down $0.45 during trading hours on Friday, reaching $27.65. The stock had a trading volume of 3,435,483 shares, compared to its average volume of 1,514,203. The company’s fifty day moving average is $26.67. The stock has a market cap of $20.40 billion, a PE ratio of -14.04 and a beta of 1.50. Liberty Global has a 52-week low of $19.88 and a 52-week high of $29.55. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 6.85.
Liberty Global (NASDAQ:LBTYA) last issued its earnings results on Monday, May 6th. The company reported ($0.43) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.36). Liberty Global had a net margin of 16.23% and a negative return on equity of 2.41%. The firm had revenue of $2.87 billion during the quarter. On average, equities analysts forecast that Liberty Global will post -0.82 earnings per share for the current fiscal year.
Liberty Global Company Profile
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.
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