Liberty Global Ltd (NASDAQ:LBTYA) Receives Consensus Rating of “Reduce” from Analysts

Liberty Global Ltd (NASDAQ:LBTYA) has been assigned a consensus recommendation of “Reduce” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.40.

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

Hedge Funds Weigh In On Liberty Global

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

Liberty Global Trading Down 1.8%

Shares of NASDAQ LBTYA opened at $12.06 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.08 and a current ratio of 1.08. Liberty Global has a 52-week low of $9.02 and a 52-week high of $13.52. The firm has a 50 day moving average price of $11.75 and a two-hundred day moving average price of $11.36. 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 issued 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). The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.21 billion. Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%. As a group, equities analysts forecast that Liberty Global will post -1.35 EPS for the current 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.