LBG Media (LON:LBG) Hits New 12-Month Low – What’s Next?

LBG Media plc (LON:LBG)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 31.10 and last traded at GBX 34, with a volume of 2120817 shares. The stock had previously closed at GBX 35.90.

Analyst Ratings Changes

Separately, Berenberg Bank lowered their target price on LBG Media from GBX 90 to GBX 45 and set a “buy” rating on the stock in a research report on Tuesday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 45.

LBG Media Trading Down 2.8%

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 business has a 50-day simple moving average of GBX 43.65 and a two-hundred day simple moving average of GBX 67.12. The stock has a market cap of £51.43 million, a price-to-earnings ratio of 4.92 and a beta of 0.58.

LBG Media (LON:LBG) last issued its earnings results on Tuesday, June 9th. The company reported GBX 0.60 EPS for the quarter. LBG Media had a return on equity of 13.81% and a net margin of 11.52%.The company had revenue of GBX 5,236 million during the quarter. Equities analysts forecast that LBG Media plc will post 8.3434836 EPS 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.