Liberty Global Ltd (NASDAQ:LBTYA) Given Average Recommendation of “Reduce” by Analysts

Liberty Global Ltd (NASDAQ:LBTYA) has earned an average rating of “Reduce” from the seven brokerages that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $14.40.

LBTYA has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, January 22nd. UBS Group upped their target price on shares of Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Citigroup lifted their price target on Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Finally, Zacks Research lowered Liberty Global from a “hold” rating to a “strong sell” rating in a report on Friday, March 20th.

Institutional Investors Weigh In On Liberty Global

Several institutional investors have recently bought and sold shares of LBTYA. Quarry LP purchased a new stake in Liberty Global in the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC lifted its stake in Liberty Global by 79.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after acquiring an additional 1,238 shares in the last quarter. Rothschild Investment LLC boosted its holdings in Liberty Global by 207.4% during the 3rd quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock worth $34,000 after acquiring an additional 2,012 shares during the last quarter. Allworth Financial LP purchased a new position in Liberty Global during the 3rd quarter worth $42,000. Finally, AlphaCore Capital LLC bought a new stake in shares of Liberty Global in the 2nd quarter worth $46,000. Institutional investors own 37.20% of the company’s stock.

Liberty Global Price Performance

Shares of LBTYA opened at $12.06 on Friday. Liberty Global has a 12-month low of $9.02 and a 12-month high of $13.52. The business’s fifty day moving average is $11.75 and its 200 day moving average is $11.36. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The stock has a market cap of $4.04 billion, a P/E ratio of -0.58 and a beta of 1.02.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings results on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($8.14). Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. Sell-side analysts anticipate that Liberty Global will post -1.35 earnings per share for the current fiscal year.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.