Liberty Global (NASDAQ:LBTYA) Sets New 1-Year Low – Should You Sell?

Shares of Liberty Global Ltd (NASDAQ:LBTYA) reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $7.47 and last traded at $7.4750, with a volume of 1,425,465 shares changing hands. The stock had previously closed at $7.86.

Wall Street Analyst Weigh In

A number of equities analysts have commented on LBTYA shares. Barclays decreased their price objective on shares of Liberty Global from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, October 20th. Wall Street Zen raised shares of Liberty Global to a “sell” rating in a research report on Saturday, October 17th. New Street Research upgraded shares of Liberty Global from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research note on Tuesday, October 20th. UBS Group cut their target price on shares of Liberty Global from $12.10 to $11.90 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Liberty Global currently has a consensus rating of “Hold” and a consensus target price of $12.78.

Liberty Global Stock Down 4.8%

The firm’s 50-day moving average price is $9.67 and its 200 day moving average price is $10.82. The firm has a market cap of $2.55 billion, a P/E ratio of -0.83 and a beta of 0.99. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. As a group, research analysts expect that Liberty Global Ltd will post -1.47 earnings per share for the current year.

Institutional Investors Weigh In On Liberty Global

Several large investors have recently made changes to their positions in the company. Seven Mile Advisory bought a new stake in shares of Liberty Global during the third quarter valued at approximately $198,000. Lancaster Investment Management acquired a new stake in Liberty Global in the 3rd quarter valued at approximately $34,336,000. State of Alaska Department of Revenue increased its position in Liberty Global by 31.4% in the 3rd quarter. State of Alaska Department of Revenue now owns 15,348 shares of the company’s stock valued at $140,000 after acquiring an additional 3,668 shares during the period. State Street Corp raised its stake in Liberty Global by 8.4% during the 2nd quarter. State Street Corp now owns 3,245,059 shares of the company’s stock valued at $36,896,000 after acquiring an additional 251,727 shares in the last quarter. Finally, Engineers Gate Manager LP grew its stake in shares of Liberty Global by 27.7% in the second quarter. Engineers Gate Manager LP now owns 425,708 shares of the company’s stock worth $4,840,000 after purchasing an additional 92,388 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line, video and related digital services. Its offerings generally include high-speed internet, television, telephony, mobile connectivity and business communications services for residential and enterprise customers.

The company has operations and strategic investments across Europe. Its portfolio includes Sunrise in Switzerland and Telenet in Belgium, as well as 50% interests in Virgin Media O2 in the United Kingdom, a joint venture with Telefónica, and VodafoneZiggo in the Netherlands, a joint venture with Vodafone.