Liberty Global Ltd. (NASDAQ:LBTYA) Receives $24.25 Consensus Target Price from Analysts

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have received a consensus rating of “Hold” from the seven research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $24.25.

A number of research firms recently issued reports on LBTYA. Barclays lowered their target price on shares of Liberty Global from $22.00 to $20.00 and set an “equal weight” rating for the company in a report on Friday, May 3rd. Benchmark reiterated a “buy” rating and set a $33.00 price objective on shares of Liberty Global in a research note on Thursday, May 2nd. UBS Group decreased their price objective on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating for the company in a research note on Monday, February 26th. Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating in a research note on Friday, February 23rd. Finally, New Street Research reiterated a “neutral” rating on shares of Liberty Global in a research note on Wednesday, February 28th.

Liberty Global Price Performance

Liberty Global stock opened at $17.52 on Thursday. Liberty Global has a 1 year low of $15.01 and a 1 year high of $20.56. The firm has a 50 day moving average price of $16.86 and a 200 day moving average price of $17.44. The company has a market cap of $6.53 billion, a price-to-earnings ratio of -2.71 and a beta of 1.17. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.28 and a current ratio of 1.28.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share (EPS) for the quarter. Liberty Global had a negative net margin of 37.27% and a negative return on equity of 14.07%. The firm had revenue of $1.95 billion during the quarter. During the same quarter in the previous year, the firm posted ($1.59) earnings per share. Sell-side analysts predict that Liberty Global will post -0.61 earnings per share for the current year.

Insider Activity

In related news, Director J David Wargo sold 30,000 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the sale, the director now directly owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director J David Wargo sold 30,000 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the sale, the director now directly owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Andrea Salvato sold 32,403 shares of the company’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total transaction of $573,533.10. Following the completion of the sale, the executive vice president now directly owns 102,286 shares in the company, valued at $1,810,462.20. The disclosure for this sale can be found here. Insiders own 11.51% of the company’s stock.

Institutional Trading of Liberty Global

Institutional investors and hedge funds have recently modified their holdings of the business. Central Pacific Bank Trust Division acquired a new stake in shares of Liberty Global during the first quarter worth $91,000. Bfsg LLC bought a new position in shares of Liberty Global during the fourth quarter worth about $106,000. Anchor Investment Management LLC bought a new position in shares of Liberty Global during the fourth quarter worth about $141,000. Tevis Investment Management bought a new position in shares of Liberty Global during the first quarter worth about $180,000. Finally, Corton Capital Inc. bought a new position in shares of Liberty Global during the third quarter worth about $246,000. 37.20% of the stock is owned by institutional investors and hedge funds.

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.