LBG Media (LON:LBG) Releases Quarterly Earnings Results

LBG Media (LON:LBG) released its quarterly earnings data on Tuesday. The company reported GBX 0.60 EPS for the quarter, Digital Look Earnings reports. LBG Media had a return on equity of 13.81% and a net margin of 11.52%.The company had revenue of GBX 5,236 million for the quarter.

LBG Media Trading Down 23.2%

LBG Media stock opened at GBX 26.63 on Tuesday. The company has a debt-to-equity ratio of 3.88, a current ratio of 3.27 and a quick ratio of 5.33. LBG Media has a one year low of GBX 20.68 and a one year high of GBX 115.30. The stock has a market capitalization of £55.68 million, a PE ratio of 5.33 and a beta of 0.58. The business’s fifty day moving average is GBX 44.28 and its 200 day moving average is GBX 67.59.

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their price objective on LBG Media from GBX 170 to GBX 90 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 90.

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.