In yesterday’s Wall Street session, Liberty Global plc (NASDAQ:LBTYA) shares traded at $16.74, down -2.62% from the previous session.
12 analysts cover Liberty Global plc (NASDAQ:LBTYA), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $36.00 and a low of $20.00, we find $27.50. Given the previous closing price of $17.19, this indicates a potential upside of 59.98 percent. LBTYA stock price is now -10.22% away from the 50-day moving average and -12.59% away from the 200-day moving average. The market capitalization of the company currently stands at $7.83B.
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The stock has received a hold rating from 4 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $27.79 as their price target over the next twelve months.
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In other news, HALL BRYAN H, EVP, Gen Counsel & Secretary sold 6,000 shares of the company’s stock on Mar 30. The stock was sold for $120,248 at an average price of $20.04. Upon completion of the transaction, the EVP, Gen Counsel & Secretary now directly owns 120,497 shares in the company, valued at $2.02 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28, EVP, Gen Counsel & Secretary HALL BRYAN H sold 10,000 shares of the business’s stock. A total of $197,673 was realized by selling the stock at an average price of $19.77. This leaves the insider owning 126,497 shares of the company worth $2.12 million. Insiders disposed of 345,241 shares of company stock worth roughly $5.78 million over the past 1 year. A total of 0.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LBTYA stock. A new stake in Liberty Global plc shares was purchased by PERPETUAL LTD during the first quarter worth $54,390,000. MACKENZIE FINANCIAL CORP invested $15,787,000 in shares of LBTYA during the first quarter. In the first quarter, SCHONFELD STRATEGIC ADVISORS LLC acquired a new stake in Liberty Global plc valued at approximately $7,726,000. AUSTRALIANSUPER PTY LTD acquired a new stake in LBTYA for approximately $7,070,000. JEFFERIES GROUP LLC purchased a new stake in LBTYA valued at around $4,125,000 in the second quarter. In total, there are 467 active investors with 91.40% ownership of the company’s stock.
On Wednesday morning Liberty Global plc (NASDAQ: LBTYA) stock kicked off with the opening price of $17.01. During the past 12 months, Liberty Global plc has had a low of $15.22 and a high of $25.13. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 1.50, and a quick ratio of 1.50. The fifty day moving average price for LBTYA is $18.61 and a two-hundred day moving average price translates $19.13 for the stock.
The latest earnings results from Liberty Global plc (NASDAQ: LBTYA) was released for Mar, 2023. According to the Telecom Services Company, earnings per share came in at -$5.06, missing analysts’ expectations of -$0.11 by -4.95. This compares to $0.07 EPS in the same period last year. The net profit margin was -4.00% and return on equity was -1.20% for LBTYA. The company reported revenue of $1.87 billion for the quarter, compared to $1.85 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.81 percent. For the current quarter, analysts expect LBTYA to generate $1.87B in revenue.
Liberty Global plc(LBTYA) Company Profile
Liberty Global plc, together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as intelligent WiFi features; internet services; security solutions, such as anti-virus, anti-spyware, firewall, and spam protection; smart home services; online storage solutions; web spaces; and Connect Box that delivers in-home Wi-Fi service. The company also provides various tiers of digital video programming and audio services, as well as digital video recorders and multimedia home gateway systems; Horizon 4, a cloud-based, multi-screen entertainment platform that combines linear television, including recording and replay features and video-on-demand services; Horizon Go, an online mobile app; and channels, including general entertainment, sports, movies, series, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels. In addition, it offers postpaid and prepaid mobile services; circuit-switched telephony services; and personal call manager, unified messaging, and a second or third phone line at an incremental cost. Further, the company offers business services comprising voice, advanced data, video, wireless, cloud-based services, and mobile and converged fixed-mobile services to small or home offices, small businesses, and medium and large enterprises, as well as on a wholesale basis to other operators. It operates in the United Kingdom, Belgium, Switzerland, Ireland, Poland, Slovakia, and internationally. Liberty Global plc was founded in 2004 and is based in London, the United Kingdom.
