Liberty Global (LBTYA) to Release Quarterly Earnings on Tuesday

Liberty Global (NASDAQ:LBTYA - Get Free Report) is expected to release its earnings data after the market closes on Tuesday, February 18th. Analysts expect Liberty Global to post earnings of ($0.92) per share and revenue of $1.84 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Liberty Global Trading Up 0.7 %

Shares of NASDAQ LBTYA traded up $0.08 during midday trading on Friday, hitting $11.03. The company's stock had a trading volume of 2,924,125 shares, compared to its average volume of 1,904,391. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The business's 50 day moving average is $12.12 and its two-hundred day moving average is $16.49. Liberty Global has a 12-month low of $10.82 and a 12-month high of $21.56. The firm has a market cap of $3.94 billion, a P/E ratio of -1.09 and a beta of 1.24.

Insiders Place Their Bets

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the transaction, the insider now owns 16,153 shares of the company's stock, valued at $209,019.82. The trade was a 77.92 % decrease in their position. The disclosure for this sale can be found here. 11.51% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LBTYA. Sanford C. Bernstein downgraded Liberty Global from an "outperform" rating to a "market perform" rating and reduced their price target for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Benchmark reiterated a "buy" rating and issued a $27.00 price target on shares of Liberty Global in a report on Tuesday, October 29th. Barclays reduced their price target on Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a report on Monday, November 25th. UBS Group downgraded Liberty Global from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Finally, Bank of America downgraded Liberty Global from a "neutral" rating to an "underperform" rating and reduced their price objective for the stock from $13.10 to $12.60 in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, Liberty Global currently has an average rating of "Hold" and an average 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.