Liberty Global Ltd (NASDAQ:LBTYA – Get Free Report) reached a new 52-week low during trading on Tuesday after Barclays lowered their price target on the stock from $10.00 to $7.00. Barclays currently has an equal weight rating on the stock. Liberty Global traded as low as $7.48 and last traded at $7.50, with a volume of 5,058,799 shares changing hands. The stock had previously closed at $7.80.
Several other research analysts also recently commented on LBTYA. New Street Research upgraded Liberty Global from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. Wall Street Zen upgraded Liberty Global to a “sell” rating in a research report on Saturday, October 17th. Finally, UBS Group lowered their price target on shares of Liberty Global from $12.10 to $11.90 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $12.78.
Get Our Latest Analysis on Liberty Global
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Allworth Financial LP raised its position in shares of Liberty Global by 42.1% in the second quarter. Allworth Financial LP now owns 4,590 shares of the company’s stock worth $52,000 after buying an additional 1,360 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Liberty Global by 54.2% during the first quarter. PNC Financial Services Group Inc. now owns 6,080 shares of the company’s stock worth $74,000 after buying an additional 2,137 shares in the last quarter. Trust Co. of Vermont purchased a new position in Liberty Global during the second quarter worth about $76,000. State of Alaska Department of Revenue grew its position in Liberty Global by 31.4% during the third quarter. State of Alaska Department of Revenue now owns 15,348 shares of the company’s stock worth $140,000 after buying an additional 3,668 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in Liberty Global by 26.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 14,042 shares of the company’s stock worth $160,000 after acquiring an additional 2,926 shares during the last quarter. Institutional investors own 37.20% of the company’s stock.
Liberty Global Price Performance
The firm has a market capitalization of $2.68 billion, a P/E ratio of -0.88 and a beta of 0.99. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The business has a 50 day simple moving average of $9.77 and a two-hundred day simple moving average of $10.88.
Liberty Global (NASDAQ:LBTYA – Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.34 billion. On average, sell-side analysts expect that Liberty Global Ltd will post -1.47 EPS for the current fiscal year.
About Liberty Global
Liberty Global plc is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line, video and related digital services. Its offerings generally include high-speed internet, television, telephony, mobile connectivity and business communications services for residential and enterprise customers.
The company has operations and strategic investments across Europe. Its portfolio includes Sunrise in Switzerland and Telenet in Belgium, as well as 50% interests in Virgin Media O2 in the United Kingdom, a joint venture with Telefónica, and VodafoneZiggo in the Netherlands, a joint venture with Vodafone.
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