Liberty Global (NASDAQ:LBTYA) Hits New 1-Year Low on Disappointing Earnings

Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report)'s share price hit a new 52-week low during trading on Friday after the company announced weaker than expected quarterly earnings. The company traded as low as $9.77 and last traded at $9.83, with a volume of 945875 shares traded. The stock had previously closed at $10.88.

The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.83) by ($3.01). The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.09 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.

Wall Street Analysts Forecast Growth

LBTYA has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Sanford C. Bernstein lowered Liberty Global from an "outperform" rating to a "market perform" rating and decreased their target price for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $17.43.

Institutional Investors Weigh In On Liberty Global

A number of institutional investors have recently modified their holdings of LBTYA. Barclays PLC increased its stake in Liberty Global by 153.2% during the 3rd quarter. Barclays PLC now owns 496,045 shares of the company's stock worth $10,471,000 after acquiring an additional 300,126 shares during the period. JPMorgan Chase & Co. raised its stake in Liberty Global by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 611,380 shares of the company's stock valued at $12,906,000 after purchasing an additional 31,259 shares in the last quarter. Accurate Wealth Management LLC lifted its position in Liberty Global by 142.2% during the fourth quarter. Accurate Wealth Management LLC now owns 29,888 shares of the company's stock worth $355,000 after purchasing an additional 17,546 shares during the period. MassMutual Private Wealth & Trust FSB bought a new stake in Liberty Global during the fourth quarter worth about $443,000. Finally, SG Americas Securities LLC grew its stake in Liberty Global by 197.3% during the fourth quarter. SG Americas Securities LLC now owns 26,744 shares of the company's stock worth $341,000 after buying an additional 17,749 shares in the last quarter. Institutional investors own 37.20% of the company's stock.

Liberty Global Trading Down 0.5 %

The firm's fifty day simple moving average is $11.10 and its 200 day simple moving average is $12.90. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The stock has a market capitalization of $3.34 billion, a P/E ratio of 2.29 and a beta of 1.25.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.