Liberty Global (LBTYA) Set to Announce Quarterly Earnings on Wednesday

Liberty Global (NASDAQ:LBTYA) is set to release its earnings data after the market closes on Wednesday, May 1st. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.35) by ($7.88). The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. On average, analysts expect Liberty Global to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Liberty Global Trading Down 0.4 %

NASDAQ:LBTYA opened at $16.28 on Tuesday. Liberty Global has a 1 year low of $15.01 and a 1 year high of $20.56. The stock’s fifty day moving average price is $17.04 and its two-hundred day moving average price is $17.20. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.30. The company has a market cap of $6.15 billion, a P/E ratio of -1.74 and a beta of 1.18.

Insider Transactions at Liberty Global

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $19.29, for a total transaction of $216,549.54. Following the sale, the chief accounting officer now owns 70,666 shares in the company, valued at $1,363,147.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director J David Wargo sold 30,000 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Jason Waldron sold 11,226 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $19.29, for a total transaction of $216,549.54. Following the completion of the sale, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The disclosure for this sale can be found here. Insiders have sold 113,629 shares of company stock valued at $2,046,783 in the last quarter. Insiders own 11.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. TheStreet upgraded Liberty Global from a “d+” rating to a “c-” rating in a research note on Thursday, January 25th. UBS Group reduced their price objective on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating for the company in a research note on Monday, February 26th. HSBC cut shares of Liberty Global from a “buy” rating to a “hold” rating and lowered their target price for the stock from $26.00 to $20.00 in a research note on Monday, March 18th. Barclays upped their price target on shares of Liberty Global from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Friday, January 12th. Finally, New Street Research reissued a “neutral” rating on shares of Liberty Global in a research note on Wednesday, February 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $24.75.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.