LBG Media (LON:LBG) Reaches New 12-Month Low – Here’s What Happened

LBG Media plc (LON:LBG) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 60.30 and last traded at GBX 62, with a volume of 285029 shares traded. The stock had previously closed at GBX 62.60.

Analysts Set New Price Targets

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

LBG Media Price Performance

The company has a debt-to-equity ratio of 3.88, a current ratio of 3.27 and a quick ratio of 5.33. The company has a fifty day moving average price of GBX 79.87 and a 200 day moving average price of GBX 88.73. The company has a market capitalization of £129.63 million, a P/E ratio of 12.40 and a beta of 0.60.

LBG Media (LON:LBG) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 5.10 earnings per share (EPS) for the quarter. LBG Media had a return on equity of 13.81% and a net margin of 11.52%. On average, sell-side analysts forecast that LBG Media plc will post 8.3434836 EPS for the current fiscal year.

LBG Media Company Profile

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.