LBG Media (LON:LBG) Releases Earnings Results

LBG Media (LON:LBG) released its quarterly earnings results on Tuesday. The company reported GBX 5.10 EPS for the quarter, Digital Look Earnings reports. LBG Media had a return on equity of 10.41% and a net margin of 8.55%.

LBG Media Price Performance

Shares of LBG opened at GBX 86.60 on Tuesday. LBG Media has a 52 week low of GBX 78.40 and a 52 week high of GBX 126.53. The company has a current ratio of 2.43, a quick ratio of 5.33 and a debt-to-equity ratio of 6.88. The firm has a market cap of £181.05 million, a price-to-earnings ratio of 22.79 and a beta of 0.83. The stock has a 50 day moving average of GBX 86.55 and a 200-day moving average of GBX 92.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 170 price objective on shares of LBG Media in a report on Wednesday, October 22nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 170.

About LBG Media

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, Youtube and TikTok) and has built multiple websites to reach new audiences and drive engagement.