Liberty Global (LBTYA) Projected to Post Quarterly Earnings on Tuesday

Liberty Global (NASDAQ:LBTYA) is expected to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.92) per share and revenue of $1.84 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Liberty Global Stock Up 0.7 %

Shares of NASDAQ:LBTYA opened at $11.03 on Friday. Liberty Global has a 1 year low of $10.82 and a 1 year high of $21.56. The company has a market cap of $3.94 billion, a PE ratio of -1.09 and a beta of 1.24. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The stock’s 50-day moving average is $12.07 and its 200 day moving average is $16.43.

Insider Transactions at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the transaction, the insider now owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on LBTYA shares. Benchmark restated a “buy” rating and set a $27.00 price target on shares of Liberty Global in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their price objective on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Barclays cut their price objective on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $17.75.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.