LBG Media (LON:LBG) Reaches New 52-Week Low – What’s Next?

LBG Media plc (LON:LBG)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 60.60 and last traded at GBX 64.05, with a volume of 113502 shares. The stock had previously closed at GBX 72.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 target price on shares of LBG Media in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 170.

LBG Media Trading Down 11.0%

The firm has a market capitalization of £133.91 million, a PE ratio of 16.85 and a beta of 0.83. The business’s 50-day moving average price is GBX 82.18 and its 200-day moving average price is GBX 89.83. The company has a debt-to-equity ratio of 3.88, a current ratio of 3.27 and a quick ratio of 5.33.

LBG Media (LON:LBG) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 5.10 EPS for the quarter. LBG Media had a net margin of 11.52% and a return on equity of 13.81%. As a group, analysts expect that LBG Media plc will post 8.3434836 earnings per share for the current fiscal year.

About LBG Media

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.