LBG Media (LON:LBG) Sets New 12-Month Low - Here's Why

Key Points

• LBG Media hit a new 52-week low of GBX 56.93 on Friday, trading down about 2.5% with 3,458 shares changing hands.
• Berenberg Bank reiterated a Buy rating with a target of GBX 170, and the stock has a consensus “Buy” rating and an average target of GBX 170 — implying substantial upside from the current share price.
• The company reported quarterly EPS of GBX 5.10, has a market cap of ~£119.0 million and a valuation of P/E 11.39, alongside a 50-day/200-day moving average of GBX 73.94/85.65 and conservative liquidity ratios (current 3.27, quick 5.33).

LBG Media plc (LON:LBG - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 56.93 and last traded at GBX 56.93, with a volume of 3458 shares trading hands. The stock had previously closed at GBX 58.40.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 170 target price on shares of LBG Media in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of GBX 170.

LBG Media Stock Down 2.5%

The stock's fifty day moving average price is GBX 73.94 and its 200 day moving average price is GBX 85.65. The company has a current ratio of 3.27, a quick ratio of 5.33 and a debt-to-equity ratio of 3.88. The stock has a market cap of £119.02 million, a P/E ratio of 11.39 and a beta of 0.60.

LBG Media (LON:LBG - Get Free Report) last released its 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%. As a group, research analysts forecast that LBG Media plc will post 8.3434836 earnings per share for the current fiscal year.

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.

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