LBG Media (LON:LBG) Reaches New 52-Week Low - Should You Sell?

Key Points

• Shares of LBG Media hit a new 52-week low, trading as low as GBX 38.10 and last at GBX 39.90 on a volume of 9,801 shares.
• Berenberg cut its price target from GBX 170 to GBX 90 but maintained a Buy rating; the consensus rating is still Buy with a consensus target of GBX 90.
• The stock trades at a low valuation (PE 7.98) with a market cap of £83.42m and 50-/200-day moving averages (GBX 58.56 and 77.14) well above the current price, while the balance sheet shows strong liquidity (quick ratio 5.33) but a high debt-to-equity of 3.88.

Shares of LBG Media plc (LON:LBG - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 38.10 and last traded at GBX 39.90, with a volume of 9801 shares. The stock had previously closed at GBX 39.30.

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price target on LBG Media from GBX 170 to GBX 90 and set a "buy" rating for the company in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 90.

LBG Media Price Performance

The stock has a fifty day moving average price of GBX 58.56 and a 200-day moving average price of GBX 77.14. The firm has a market capitalization of £83.42 million, a PE ratio of 7.98 and a beta of 0.79. The company has a debt-to-equity ratio of 3.88, a quick ratio of 5.33 and a current ratio of 3.27.

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