LBG Media (LON:LBG) Releases Earnings Results

LBG Media (LON:LBG) released its earnings results on Tuesday. The company reported GBX 0.60 earnings per share for the quarter, Digital Look Earnings reports. LBG Media had a net margin of 11.52% and a return on equity of 13.81%. The company had revenue of GBX 5,236 million for the quarter.

LBG Media Stock Performance

Shares of LON LBG opened at GBX 25.10 on Thursday. The company has a debt-to-equity ratio of 3.88, a quick ratio of 5.33 and a current ratio of 3.27. The company has a market cap of £52.48 million, a P/E ratio of 5.02 and a beta of 0.58. The firm’s fifty day moving average is GBX 42.98 and its two-hundred day moving average is GBX 66.66. LBG Media has a 52-week low of GBX 20.68 and a 52-week high of GBX 115.30.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their target price on shares of LBG Media from GBX 90 to GBX 45 and set a “buy” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 45.

LBG Media Company Profile

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, Youtube and TikTok) and has built multiple websites to reach new audiences and drive engagement.