Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
Liberty Global (NASDAQ:LBTYA - Get Rating) had its price objective decreased by research analysts at Barclays from $31.00 to $28.00 in a report released on Thursday, The Fly reports. Barclays's price objective indicates a potential upside of 27.62% from the stock's current price.
A number of other analysts have also recently commented on LBTYA. Credit Suisse Group upgraded shares of Liberty Global from a "neutral" rating to an "outperform" rating and upped their price target for the company from $26.00 to $35.00 in a research note on Thursday, March 24th. Bank of America lowered their target price on shares of Liberty Global from $54.50 to $52.50 and set a "buy" rating on the stock in a research note on Wednesday, March 9th. Finally, TheStreet cut shares of Liberty Global from a "b" rating to a "c+" rating in a research report on Friday, January 21st. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $36.22.
Shares of NASDAQ LBTYA opened at $21.94 on Thursday. The firm's 50-day moving average price is $24.54 and its 200-day moving average price is $26.59. Liberty Global has a 1-year low of $21.51 and a 1-year high of $30.58. The firm has a market capitalization of $11.47 billion, a P/E ratio of 0.93 and a beta of 1.17. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.55.
Liberty Global (NASDAQ:LBTYA - Get Rating) last issued its quarterly earnings data on Thursday, February 17th. The company reported $1.08 earnings per share (EPS) for the quarter. Liberty Global had a net margin of 127.35% and a return on equity of 20.11%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.97 billion. Equities research analysts forecast that Liberty Global will post -0.73 EPS for the current year.
In other Liberty Global news, SVP Andrea Salvato sold 40,000 shares of the stock in a transaction dated Wednesday, March 30th. The shares were sold at an average price of $26.52, for a total transaction of $1,060,800.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Jason Waldron sold 19,752 shares of the stock in a transaction dated Tuesday, March 29th. The stock was sold at an average price of $26.51, for a total transaction of $523,625.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 141,690 shares of company stock worth $3,612,997. 9.41% of the stock is owned by insiders.
Hedge funds have recently added to or reduced their stakes in the business. First Trust Advisors LP boosted its stake in Liberty Global by 25.5% during the 1st quarter. First Trust Advisors LP now owns 166,858 shares of the company's stock worth $4,158,000 after purchasing an additional 33,941 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Liberty Global in the 3rd quarter valued at about $425,000. Teacher Retirement System of Texas raised its holdings in Liberty Global by 22.3% in the 3rd quarter. Teacher Retirement System of Texas now owns 26,300 shares of the company's stock valued at $784,000 after buying an additional 4,793 shares during the period. Alliancebernstein L.P. raised its holdings in Liberty Global by 6.0% in the 3rd quarter. Alliancebernstein L.P. now owns 534,229 shares of the company's stock valued at $15,920,000 after buying an additional 30,286 shares during the period. Finally, Allianz Asset Management GmbH raised its holdings in Liberty Global by 14.6% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,565,609 shares of the company's stock valued at $46,655,000 after buying an additional 199,055 shares during the period. 28.05% of the stock is owned by institutional investors and hedge funds.
About Liberty Global (Get Rating)
Liberty Global plc, 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 intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places.
Further ReadingGet a free copy of the StockNews.com research report on Liberty Global (LBTYA)Corning Stock is a Technology Value Play Wolverine Worldwide Is Ready To Rebound Anheuser-Busch InBev May Need One More Quarter to Confirm a Buy Signal Wendy’s Growth Story Has Come To An End Beyond Meat Could Sizzle After Q1 Results Are Released
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:
Each market day you'll get a one-minute market summary to help you invest wisely.
Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.