The stock of Liberty Global plc (NASDAQ:LBTYA) increased by $0.23 on Tuesday to finish at $18.27, up 1.27 percent. The last five days have seen an average of 1,695,680 shares of common stock traded. 9 times new highs were reached in the current year, with a fall of -$0.66. The average number of shares traded over the last 20 days was 1,531,575, while the average volume over the last 50 days totaled 1,710,094.
LBTYA stock dropped -1.62% since last month. On 08/22/23, the company’s shares reached a one-month low of $17.19. The stock touched a high of $22.09 on 02/02/23, after rallying from a low of $15.22 in 52 weeks. The price of LBTYA stock has declined by -3.49% or -$0.66 this year, reaching a new high 9 times. Still, the stock price is down -17.29% from the 52-week high.
Insider Transactions
LBTYA stock investors should be aware that Liberty Global plc (LBTYA) stock had its last reported insider trading activity 6 days ago on Aug 24. On Aug 24, EVP, Gen Counsel & Secretary HALL BRYAN H sold 10,600 shares at $18.92 each. This transaction resulted in the insider making $200,590. On Aug 23, Salvato Andrea sold 50,000 shares at a price of US$18.93. After the transaction, the insider now owns 121,905 shares. EVP & CFO BRACKEN CHARLES H R had earlier sold 50,000 shares on Jun 27 for $17.41 a share. The transaction was completed for $870,680.
Valuation Metrics
Beta for the stock is 1.26. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.11, the price-to-book (PB) ratio of 0.37, and the price-to-cash flow ratio of 7.64.
Financial Health
For the three months ended June 29, Liberty Global plc’s quick ratio was 1.50, while its current ratio was 1.50, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.66, and the total debt to equity ratio is 0.69. As far as profitability goes, gross margin for the trailing twelve months is 53.90% percent. Liberty Global plc’s EBITDA margin for the year ended June 29 was 33.54%, whereas its operating margin stood at 0.80% for the same period. Based on annual data, it had gross profit of $5.11 billion and revenue of $7.2 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LBTYA’s return on assets (ROA) during the last 12 months has been -8.20%. There was a 1.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -15.90%.
Earnings Surprise
According to Liberty Global plc’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.85 billion, while revenues rose by 5.08% to $1.87 billion. It was predicted that Liberty Global plc’s quarterly earnings would be -$0.44, but it ended up being -$0.29, beating the consensus by -51.70%. EBITDA was $540.6 million for the quarter. At the end of Liberty Global plc’s most recent quarter ended June 29, its liabilities totaled 22.0 billion, while its total debt was $17.75 billion. Equity owned by shareholders amounts to $424.33 million.
Technical Picture
Here’s a quick look at Liberty Global plc’s (LBTYA) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 56.24%, suggesting the stock is Neutral, with a 29.99% historical volatility rate.
The stochastic %K and %D were 46.75% and 36.60% respectively, while the average true range (ATR) was 0.45. Based on the 14-day stochastic reading of 68.69%, the RSI (14) reading is 53.67%. On the 9-day MACD Oscillator, the stock is at 0.13, and the 14-day reading is at -0.07.
Analyst Ratings
Liberty Global plc (NASDAQ: LBTYA) was downgraded by Bernstein to a a Mkt perform rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned Liberty Global plc (LBTYA) an Overweight rating. LBTYA is a stock that is recommended for selling by 1 brokerage firm, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 9 others recommend it as a buy.
What is LBTYA’s price target for the next 12 months?
The current consensus forecast for the stock is between $20.00 and $51.00, with a median target price of $25.50. In analyzing these forecasts, the average price target given by analysts for Liberty Global plc (LBTYA) is $27.85.
