Libbey Inc. is engaged in the design, production and sale of tableware and other products. The Company's segments are U.S. & Canada; Latin America; Europe, the Middle East and Africa (EMEA) and Other. The U.S. & Canada segment includes sales of manufactured and sourced tableware having an end market destination in the United States and Canada, excluding glass products for original equipment manufacturers (OEMs), which remain in the Latin America segment. The Latin America segment includes primarily sales of manufactured and sourced glass tableware having an end market destination in Latin America, including glass products for OEMs that have an end market destination outside of Latin America. The EMEA segment includes primarily sales of manufactured and sourced glass tableware having an end market destination in Europe, the Middle East and Africa. The Other segment includes primarily sales of manufactured and sourced glass tableware having an end market destination in Asia Pacific.
Industry, Sector and Symbol:
- Sector: Cyclical Consumer Goods & Services
- Industry: Appliances, Tools & Housewares
- Sub-Industry: N/A
- Symbol: NYSE:LBY
- CUSIP: N/A
- Web: https://libbey.com/
- Market Cap: $183.16 million
- Outstanding Shares: 22,014,000
- 50 Day Moving Avg: $8.18
- 200 Day Moving Avg: $9.68
- 52 Week Range: $7.33 - $20.76
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 6.60
- P/E Growth: 2.70
- Annual Revenue: $776.15 million
- Price / Sales: 0.24
- Book Value: $6.67 per share
- Price / Book: 1.25
- EBIDTA: $75.18 million
- Net Margins: -0.42%
- Return on Equity: -2.32%
- Return on Assets: -0.42%
- Average Volume: 135,959 shs.
- Short Ratio: 0.01
Frequently Asked Questions for Libbey (NYSE:LBY)
What is Libbey's stock symbol?
Libbey trades on the New York Stock Exchange (NYSE) under the ticker symbol "LBY."
How often does Libbey pay dividends? What is the dividend yield for Libbey?
Libbey announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Tuesday, August 8th will be paid a dividend of $0.1175 per share on Tuesday, August 22nd. This represents a $0.47 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date of this dividend is Friday, August 4th. View Libbey's Dividend History.
How will Libbey's stock buyback program work?
Libbey announced that its Board of Directors has initiated a stock repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback 500,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.3% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.
How were Libbey's earnings last quarter?
Libbey Inc. (NYSE:LBY) announced its quarterly earnings results on Tuesday, August, 1st. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.16. The firm earned $197.50 million during the quarter, compared to analyst estimates of $198.29 million. Libbey had a negative return on equity of 2.32% and a negative net margin of 0.42%. The company's revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.40 earnings per share. View Libbey's Earnings History.
When will Libbey make its next earnings announcement?
Are investors shorting Libbey?
Libbey saw a increase in short interest in August. As of August 31st, there was short interest totalling 617,300 shares, an increase of 18.4% from the August 15th total of 521,376 shares. Based on an average trading volume of 119,462 shares, the days-to-cover ratio is presently 5.2 days. Currently, 2.9% of the company's shares are short sold.
Who are some of Libbey's key competitors?
Some companies that are related to Libbey include Supreme Industries (STS), Martha Stewart Living Omnimedia (MSO), Patisserie Holdings PLC (CAKE), Netshoes (CAYMAN) Ltd (NETS), Frontier Developments PLC (FDEV), Next Fifteen Communications Group plc (NFC), Tarsus Group plc (TRS), YouGov Plc (YOU), Telford Homes plc (TEF), XLMedia PLC (XLM), Quixant PLC (QXT), GYM Group PLC (GYM), Low & Bonar plc (LWB), Saga Communications (SGA), Connect Group PLC (CNCT), Huntsworth plc (HNT), Carvana Co (CVNA) and Hollywood Bowl Group PLC (BOWL).
Who are Libbey's key executives?
Libbey's management team includes the folowing people:
- William A. Foley, Chairman of the Board, Chief Executive Officer
- James C. Burmeister, Chief Financial Officer, Vice President
- Susan Allene Kovach, Vice President, General Counsel, Secretary
- Salvador Minarro Villalobos, Vice President, General Manager, U.S. and Canada
- Veronica L. Smith, Vice President, Corporate Controller, Assistant Treasurer
- Carol L. Summersgill, Vice President - Human Resources
- Annunciata Cerioli, Vice President, Chief Supply Chain Officer
- John C. Orr, Lead Independent Director
- Carlos V. Duno, Independent Director
- Ginger M. Jones, Independent Director
Who owns Libbey stock?
Libbey's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (9.50%), Dimensional Fund Advisors LP (6.74%), Royal Bank of Canada (5.86%), Vanguard Group Inc. (4.05%), Boston Partners (3.67%) and Rutabaga Capital Management LLC MA (3.16%). Company insiders that own Libbey stock include Ginger M Jones, James Charles Burmeister, Salvador Minarro and William A Foley. View Institutional Ownership Trends for Libbey.
Who sold Libbey stock? Who is selling Libbey stock?
Libbey's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Boston Partners, Royal Bank of Canada, Frontier Capital Management Co. LLC, Rutabaga Capital Management LLC MA, Woodmont Investment Counsel LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Libbey.
Who bought Libbey stock? Who is buying Libbey stock?
Libbey's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Sterneck Capital Management LLC, Citadel Advisors LLC, Goldman Sachs Group Inc., Numeric Investors LLC, Prudential Financial Inc., Arrowstreet Capital Limited Partnership and Parametric Portfolio Associates LLC. Company insiders that have bought Libbey stock in the last two years include Ginger M Jones, James Charles Burmeister, Salvador Minarro and William A Foley. View Insider Buying and Selling for Libbey.
How do I buy Libbey stock?
Shares of Libbey can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Libbey's stock price today?
MarketBeat Community Rating for Libbey (NYSE LBY)MarketBeat's community ratings are surveys of what our community members think about Libbey and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Libbey stock can currently be purchased for approximately $8.32.
Consensus Ratings for Libbey (NYSE:LBY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Libbey (NYSE:LBY)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Libbey (NYSE:LBY)Earnings History by Quarter for Libbey (NYSE LBY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.20||$0.36||$198.29 million||$197.50 million||View||Listen|
|2/28/2017||Q4 2016||$0.28||($0.10)||$220.02 million||$205.80 million||View||Listen|
Earnings Estimates for Libbey (NYSE:LBY)
Current Year EPS Consensus Estimate: $0.30 EPS
Next Year EPS Consensus Estimate: $1.26 EPS
Current Dividend Information for Libbey (NYSE:LBY)
|Most Recent Dividend:||8/22/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||156.67% (Based on This Year's Estimates)|
37.30% (Based on Next Year's Estimates)
Dividend History by Quarter for Libbey (NYSE LBY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Libbey (NYSE:LBY)Insider Trades by Quarter for Libbey (NYSE:LBY)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/31/2017||Salvador Minarro||VP||Buy||10,000||$8.43||$84,300.00|| |
|5/18/2017||William A Foley||CEO||Buy||5,000||$8.13||$40,650.00|| |
|5/17/2017||James Charles Burmeister||CFO||Buy||3,000||$8.20||$24,600.00|| |
|5/12/2017||James Charles Burmeister||CFO||Buy||2,000||$8.66||$17,320.00|| |
|3/13/2017||William A Foley||CEO||Buy||5,000||$13.30||$66,500.00|| |
|3/9/2017||Ginger M Jones||Director||Buy||2,000||$13.48||$26,960.00|| |
|12/19/2016||Salvador Minarro||VP||Sell||2,882||$20.38||$58,735.16|| |
Headline Trends for Libbey (NYSE:LBY)
Latest Headlines for Libbey (NYSE:LBY)
|What Does Libbey Inc’s (LBY) Share Price Indicate?|
finance.yahoo.com - September 23 at 3:58 AM
|Short Interest in Libbey Inc. (LBY) Increases By 18.4%|
www.americanbankingnews.com - September 12 at 6:34 PM
|Short Interest in Libbey Inc. (LBY) Decreases By 38.2%|
www.americanbankingnews.com - August 25 at 2:50 AM
|Libbey Inc. (NYSE:LBY) Short Interest Update|
www.americanbankingnews.com - August 11 at 8:26 AM
|Libbey's (LBY) CEO William Foley on Q2 2017 Results - Earnings Call Transcript|
seekingalpha.com - August 3 at 2:31 AM
|Libbey Inc. (NYSE:LBY) Issues Earnings Results|
www.americanbankingnews.com - August 2 at 3:28 PM
|Libbey Inc. Plans Quarterly Dividend of $0.12 (NYSE:LBY)|
www.americanbankingnews.com - July 25 at 3:03 PM
|Libbey Inc. (LBY) Short Interest Down 3.9% in June|
www.americanbankingnews.com - July 14 at 7:04 AM
|Libbey Inc. (LBY) Sees Large Growth in Short Interest|
www.americanbankingnews.com - June 26 at 6:09 PM
|Libbey Inc. (LBY) Sees Large Increase in Short Interest|
www.americanbankingnews.com - June 9 at 5:18 PM
|Libbey Inc. Announces Participation in Piper Jaffray 37th Annual Consumer Conference|
finance.yahoo.com - June 7 at 5:53 PM
|Libbey (LBY) to Repurchase 500,000 Stock |
www.americanbankingnews.com - June 4 at 11:51 AM
|Libbey (LBY) to Buyback 1,000,000 Outstanding Stock |
www.americanbankingnews.com - June 4 at 11:50 AM
|Libbey Inc. (LBY) VP Salvador Minarro Acquires 10,000 Shares|
www.americanbankingnews.com - June 1 at 10:26 AM
|Short Interest in Libbey Inc. (LBY) Increases By 17.3%|
www.americanbankingnews.com - May 24 at 7:22 PM
|Libbey Inc. (LBY) CEO William A. Foley Buys 5,000 Shares|
www.americanbankingnews.com - May 19 at 8:52 PM
|James Charles Burmeister Acquires 3,000 Shares of Libbey Inc. (LBY) Stock|
www.americanbankingnews.com - May 17 at 11:14 PM
|Libbey Inc. (LBY) Declares Quarterly Dividend of $0.12|
www.americanbankingnews.com - May 17 at 4:52 PM
|Libbey Inc. (LBY) CFO Purchases $17,320.00 in Stock|
www.americanbankingnews.com - May 12 at 8:26 PM
|Libbey Inc. (LBY) Short Interest Update|
www.americanbankingnews.com - May 12 at 4:32 PM
|Indonesia's Warjiyo Says There Is Room to Ease But Watching Fed|
www.bloomberg.com - April 22 at 5:45 PM
|White House's Cohn Wants to See ‘More and More’ LNG Terminals|
www.bloomberg.com - April 20 at 6:21 PM
|Aaron Hernandez’s Brain to Be Released for CTE Study|
www.nbcnews.com - April 20 at 6:21 PM
|Libbey Inc. Provides First Quarter Business Update|
finance.yahoo.com - April 19 at 10:53 AM
|Libbey's fight to protect market share sends stock plunging|
finance.yahoo.com - April 19 at 10:53 AM
|Trump: 'Unlikely' Russia had no knowledge of Syrian chemical attack|
abcnews.go.com - April 12 at 7:11 PM
|Northwestern student drowns in canal during rowing team practice|
www.foxnews.com - April 12 at 8:29 AM
|Texas church bus crash: Truck driver admitted texting, taking medication before accident, records say|
www.foxnews.com - April 11 at 6:01 PM
|Moving Average Crossover Alert: Libbey (LBY)|
finance.yahoo.com - March 13 at 10:36 AM
|Edited Transcript of LBY earnings conference call or presentation 28-Feb-17 4:00pm GMT|
finance.yahoo.com - March 1 at 11:19 AM
|EARNINGS SUMMARY: Details of Libbey Inc. Q4 Earnings Report|
www.rttnews.com - February 28 at 9:45 AM
|Libbey Slips To Loss In Q4|
www.nasdaq.com - February 28 at 9:45 AM
|Libbey, Inc. (LBY) Ex-Dividend Date Scheduled for May 20, 2016 - Nasdaq|
www.nasdaq.com - May 19 at 3:00 PM
|Libbey's Fall Not A Clear Buying Opportunity - Seeking Alpha|
seekingalpha.com - May 12 at 10:01 AM
|LIBBEY INC Files SEC form 8-K, Results of Operations and Financial Condition|
biz.yahoo.com - April 28 at 8:32 AM
|Libbey (LBY) Is Strong On High Volume Today|
www.thestreet.com - April 15 at 1:39 PM
|Libbey (LBY) Enters Overbought Territory|
finance.yahoo.com - March 18 at 10:10 AM
|LIBBEY INC Files SEC form 10-K, Annual Report|
biz.yahoo.com - February 29 at 12:02 PM
|Libbey Inc. Earnings Retreat 24% In Q4|
www.nasdaq.com - February 24 at 2:04 PM
|Libbey About To Put More Money In Your Pocket (LBY)|
www.thestreet.com - February 24 at 2:04 PM
|Libbey Inc. Announces Fourth Quarter And Full-Year 2015 Financial Results|
finance.yahoo.com - February 24 at 7:45 AM
|Libbey: Better Days On The Horizon - Seeking Alpha|
seekingalpha.com - February 11 at 12:37 PM
|Libbey is Oversold|
www.thestreet.com - February 3 at 11:37 AM
|LIBBEY INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits|
biz.yahoo.com - January 15 at 4:35 PM
Libbey (LBY) Chart for Saturday, September, 23, 2017