Liberty Global (NASDAQ:LBTYA) Reaches New 52-Week Low - What's Next?

Key Points

• Liberty Global shares hit a new 52-week low of $7.47, down from the previous close of $7.86, with the stock trading below both its 50-day and 200-day moving averages.
• Analyst sentiment remains mixed: the consensus rating is “Hold” with an average price target of $12.78, while recent recommendations range from “Buy” to “Sell” and price targets span $7 to $14.
• The company reported weaker-than-expected quarterly results, including an EPS loss of $1.07 versus an expected loss of $0.48 and revenue of $1.17 billion versus $1.34 billion expected; Liberty Global also posted negative margins and return on equity.

Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report)'s share price reached a new 52-week low during trading on Monday. The company traded as low as $7.47 and last traded at $7.4750, with a volume of 1,425,465 shares traded. The stock had previously closed at $7.86.

Analyst Ratings Changes

A number of analysts have recently issued reports on LBTYA shares. 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 report on Tuesday, October 20th. Wall Street Zen upgraded shares of Liberty Global to a "sell" rating in a report on Saturday, October 17th. UBS Group decreased their price objective on shares of Liberty Global from $12.10 to $11.90 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. Barclays dropped their price objective on shares of Liberty Global from $10.00 to $7.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 20th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Liberty Global in a research report on Friday, July 31st. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $12.78.

Liberty Global Stock Performance

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 stock has a fifty day simple moving average of $9.67 and a two-hundred day simple moving average of $10.82. The stock has a market cap of $2.55 billion, a PE ratio of -0.83 and a beta of 0.99.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. Equities analysts anticipate that Liberty Global Ltd will post -1.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently bought and sold shares of LBTYA. Allworth Financial LP boosted its stake in shares of Liberty Global by 42.1% during the 2nd quarter. Allworth Financial LP now owns 4,590 shares of the company's stock valued at $52,000 after buying an additional 1,360 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Liberty Global by 54.2% in the first quarter. PNC Financial Services Group Inc. now owns 6,080 shares of the company's stock valued at $74,000 after buying an additional 2,137 shares during the last quarter. Trust Co. of Vermont acquired a new stake in Liberty Global during the second quarter valued at approximately $76,000. State of Alaska Department of Revenue raised its stake 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 valued at $140,000 after buying an additional 3,668 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in Liberty Global by 26.3% during the second quarter. Integrated Wealth Concepts LLC now owns 14,042 shares of the company's stock valued at $160,000 after buying an additional 2,926 shares in the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

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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