LBG Media (LON:LBG) Reaches New 52-Week Low - Here's Why

Key Points

• Reached a new 52-week low — LBG Media traded as low as GBX 54.86 and last at GBX 55.99 on Tuesday, with about 66,877 shares changing hands.
• Berenberg and consensus maintain a "Buy" view — Berenberg reaffirmed a Buy rating and set a GBX 170 price target, matching the stock's average analyst target and highlighting a large gap versus the current share price.
• Mixed fundamentals — the company has a market cap of £117.06M and a modest P/E of 11.2 with quarterly EPS of GBX 5.10 and ROE of 13.8%, but also a high debt-to-equity ratio of 3.88.

LBG Media plc (LON:LBG - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 54.86 and last traded at GBX 55.99, with a volume of 66877 shares traded. The stock had previously closed at GBX 56.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 170 price target on shares of LBG Media in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of GBX 170.

LBG Media Stock Down 0.0%

The firm has a 50-day moving average of GBX 70.59 and a 200 day moving average of GBX 83.44. The stock has a market capitalization of £117.06 million, a price-to-earnings ratio of 11.20 and a beta of 0.60. The company has a current ratio of 3.27, a quick ratio of 5.33 and a debt-to-equity ratio of 3.88.

LBG Media (LON:LBG - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 5.10 EPS for the quarter. LBG Media had a return on equity of 13.81% and a net margin of 11.52%. On average, sell-side analysts anticipate that LBG Media plc will post 8.3434836 earnings per share for the current year.

LBG Media Company Profile

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.

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