LBG Media (LON:LBG) Posts Quarterly Earnings Results

LBG Media (LON:LBG) announced its quarterly earnings data on Tuesday. The company reported GBX 0.60 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 5,236 million during the quarter. LBG Media had a net margin of 11.52% and a return on equity of 13.81%.

LBG Media Trading Down 23.6%

LBG opened at GBX 26.50 on Tuesday. The stock has a market capitalization of £55.41 million, a PE ratio of 5.30 and a beta of 0.58. The firm’s fifty day moving average price is GBX 44.28 and its 200 day moving average price is GBX 67.59. 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 has a 12-month low of GBX 20.68 and a 12-month high of GBX 115.30.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their price target on shares of LBG Media from GBX 170 to GBX 90 and set a “buy” rating for the company in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 90.

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.