LBG Media (LON:LBG) Posts Quarterly 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 return on equity of 10.41% and a net margin of 8.55%.

LBG Media Stock Performance

LBG Media stock opened at GBX 86.60 on Tuesday. The firm’s 50 day simple moving average is GBX 86.55 and its 200-day simple moving average is GBX 92. The company has a market cap of £181.05 million, a P/E ratio of 22.79 and a beta of 0.83. The company has a debt-to-equity ratio of 6.88, a current ratio of 2.43 and a quick ratio of 5.33. LBG Media has a fifty-two week low of GBX 78.40 and a fifty-two week high of GBX 126.53.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 170 target price on shares of LBG Media in a report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, LBG Media currently has a consensus rating of “Buy” and an average target price of GBX 170.

LBG Media Company Profile

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.