LBG Media (LON:LBG) Announces Earnings Results

LBG Media (LON:LBG) posted its earnings results on Tuesday. The company reported GBX 5.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. LBG Media had a net margin of 8.55% and a return on equity of 10.41%.

LBG Media Trading Down 4.8%

LON LBG opened at GBX 86.60 on Tuesday. The stock has a market cap of £181.05 million, a P/E ratio of 22.79 and a beta of 0.83. The company’s fifty day simple moving average is GBX 86.55 and its 200-day simple moving average is GBX 92. The company has a current ratio of 2.43, a quick ratio of 5.33 and a debt-to-equity ratio of 6.88. LBG Media has a 52 week low of GBX 78.40 and a 52 week high of GBX 126.53.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 170 price objective on shares of LBG Media in a research report on Wednesday, October 22nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 170.

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.