Liberty Global Ltd (NASDAQ:LBTYA) Receives Consensus Recommendation of “Hold” from Analysts

Liberty Global Ltd (NASDAQ:LBTYA) has earned a consensus rating of “Hold” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $16.15.

A number of equities analysts have recently commented on the stock. Pivotal Research restated a “buy” rating and set a $18.00 price objective on shares of Liberty Global in a research note on Monday, May 4th. Zacks Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. UBS Group increased their price objective on shares of Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research note on Tuesday, March 31st. Finally, Weiss Ratings downgraded shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $11.74 on Wednesday. The firm has a market cap of $3.97 billion, a PE ratio of -0.73 and a beta of 0.92. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. Liberty Global has a 1-year low of $9.45 and a 1-year high of $13.52. The company has a fifty day moving average price of $12.08 and a 200 day moving average price of $11.67.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. Research analysts predict that Liberty Global will post -1.38 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Liberty Global

A number of institutional investors and hedge funds have recently modified their holdings of LBTYA. Quarry LP bought a new stake in shares of Liberty Global in the 3rd quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its holdings 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 purchasing an additional 1,238 shares during the period. Rothschild Investment LLC raised its holdings in shares of 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 purchasing an additional 2,012 shares during the period. Allworth Financial LP bought a new stake in shares of Liberty Global in the 3rd quarter valued at about $42,000. Finally, Headlands Technologies LLC bought a new stake in shares of Liberty Global in the 2nd quarter valued at about $47,000. 37.20% of the stock is owned by institutional investors.

About Liberty Global

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.