LBG Media (LON:LBG) Sets New 12-Month Low – Here’s Why

LBG Media plc (LON:LBG)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 78.40 and last traded at GBX 83, with a volume of 45870 shares. The stock had previously closed at GBX 82.40.

Analysts Set New Price Targets

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

LBG Media Stock Down 2.0%

The company has a quick ratio of 5.33, a current ratio of 2.43 and a debt-to-equity ratio of 6.88. The stock has a 50-day simple moving average of GBX 85.90 and a two-hundred day simple moving average of GBX 91.63. The firm has a market cap of £162.25 million, a PE ratio of 20.42 and a beta of 0.83.

LBG Media (LON:LBG) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 5.10 EPS for the quarter. LBG Media had a return on equity of 10.41% and a net margin of 8.55%. Analysts expect that LBG Media plc will post 8.3434836 earnings per share for the current 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.