Liberty Global (LBTYA) Scheduled to Post Quarterly Earnings on Wednesday

Liberty Global (NASDAQ:LBTYA) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Parties that wish to register for the company’s conference call can do so using this link.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($7.88). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. On average, analysts expect Liberty Global to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Liberty Global Stock Performance

Shares of LBTYA opened at $16.70 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market capitalization of $6.31 billion, a P/E ratio of -1.78 and a beta of 1.18. The company’s fifty day moving average is $17.22 and its two-hundred day moving average is $17.20. Liberty Global has a 1 year low of $15.01 and a 1 year high of $20.56.

Analysts Set New Price Targets

Several equities analysts have issued reports on LBTYA shares. TheStreet raised shares of Liberty Global from a “d+” rating to a “c-” rating in a research note on Thursday, January 25th. New Street Research reiterated a “neutral” rating on shares of Liberty Global in a research report on Wednesday, February 28th. Barclays boosted their price objective on shares of Liberty Global from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, January 12th. Bank of America lowered shares of Liberty Global from a “neutral” rating to an “underperform” rating in a report on Friday, February 23rd. Finally, Citigroup upgraded shares of Liberty Global from a “neutral” rating to a “buy” rating and upped their target price for the company from $20.00 to $24.00 in a report on Friday, February 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $26.36.

Insider Activity

In other news, EVP Bryan H. Hall sold 25,000 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $18.24, for a total transaction of $456,000.00. Following the completion of the transaction, the executive vice president now owns 144,934 shares of the company’s stock, valued at approximately $2,643,596.16. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, EVP Bryan H. Hall sold 25,000 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $18.24, for a total transaction of $456,000.00. Following the completion of the sale, the executive vice president now owns 144,934 shares of the company’s stock, valued at approximately $2,643,596.16. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director J David Wargo sold 30,000 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the completion of the sale, the director now directly owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The disclosure for this sale can be found here. Insiders sold a total of 113,629 shares of company stock valued at $2,046,783 in the last 90 days. 11.51% of the stock is currently owned by insiders.

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.