LBG Media (LON:LBG) Sets New 52-Week Low – What’s Next?

LBG Media plc (LON:LBG)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 71 and last traded at GBX 74.20, with a volume of 162122 shares trading hands. The stock had previously closed at GBX 80.40.

Wall Street Analysts Forecast Growth

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

LBG Media Trading Down 7.7%

The firm’s fifty day moving average price is GBX 84.35 and its 200-day moving average price is GBX 90.97. The company has a market cap of £155.14 million, a price-to-earnings ratio of 19.53 and a beta of 0.83. The company has a debt-to-equity ratio of 6.88, a current ratio of 2.43 and a quick ratio of 5.33.

LBG Media (LON:LBG) last released its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 5.10 earnings per share for the quarter. LBG Media had a net margin of 8.55% and a return on equity of 10.41%. On average, equities analysts expect 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.