Liberty Global Ltd (NASDAQ:LBTYA) Receives Consensus Rating of “Hold” from Brokerages

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have been assigned an average rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $16.15.

LBTYA has been the subject of several recent research reports. UBS Group upped their target price on shares of Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a research report on Tuesday, March 31st. Pivotal Research reiterated a “buy” rating and set a $18.00 target price on shares of Liberty Global in a research report on Monday, May 4th. Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Finally, Zacks Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $11.74 on Wednesday. The firm has a fifty day moving average of $12.08 and a two-hundred day moving average of $11.67. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of -0.73 and a beta of 0.92. Liberty Global has a 52 week low of $9.45 and a 52 week high of $13.52. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11.

Liberty Global (NASDAQ:LBTYA) last issued its earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, beating the consensus estimate of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. As a group, equities research analysts predict that Liberty Global will post -1.38 EPS for the current year.

Hedge Funds Weigh In On Liberty Global

Institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP acquired a new position in shares of Liberty Global in the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC grew 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 buying an additional 1,238 shares during the period. Rothschild Investment LLC grew 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 buying an additional 2,012 shares during the period. Allworth Financial LP acquired a new position in shares of Liberty Global in the 3rd quarter valued at $42,000. Finally, Headlands Technologies LLC acquired a new position in shares of Liberty Global in the 2nd quarter valued at $47,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

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.