Top investors say Liberty Global plc (LBTYA) ticks everything they need

Liberty Global plc (NASDAQ: LBTYA) stock jumped 2.30% on Monday to $18.72 against a previous-day closing price of $18.30. With 1.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.03 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $18.83 whereas the lowest price it dropped to was $18.18. The 52-week range on LBTYA shows that it touched its highest point at $22.09 and its lowest point at $15.22 during that stretch. It currently has a 1-year price target of $27.85. Beta for the stock currently stands at 1.27.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LBTYA was up-trending over the past week, with a rise of 5.11%, but this was up by 3.71% over a month. Three-month performance surged to 8.65% while six-month performance fell -0.95%. The stock gained 0.92% in the past year, while it has lost -1.11% so far this year. A look at the trailing 12-month EPS for LBTYA yields -8.08 with Next year EPS estimates of -0.64. For the next quarter, that number is -0.05. This implies an EPS growth rate of -94.90% for this year and 70.80% for next year.

Float and Shares Shorts:

At present, 441.78 million LBTYA shares are outstanding with a float of 377.59 million shares on hand for trading. On Aug 30, 2023, short shares totaled 5.24 million, which was 1.24% higher than short shares on Jul 30, 2023. In addition to Mr. Michael Thomas Fries as the firm’s Vice Chairman, Pres & CEO, Mr. Charles H. R. Bracken serves as its Exec. VP & CFO.

Institutional Ownership:

Through their ownership of 91.32% of LBTYA’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 51.13% of LBTYA, in contrast to 41.05% held by mutual funds. Shares owned by individuals account for 17.06%. As the largest shareholder in LBTYA with 12.08% of the stake, Harris Associates LP holds 20,700,139 shares worth 20,700,139. A second-largest stockholder of LBTYA, Artisan Partners LP, holds 13,941,137 shares, controlling over 8.14% of the firm’s shares. Luxor Capital Group LP is the third largest shareholder in LBTYA, holding 7,730,357 shares or 4.51% stake. With a 10.00% stake in LBTYA, the Artisan International Value Fund is the largest stakeholder. A total of 17,133,364 shares are owned by the mutual fund manager. The Oakmark International Fund, which owns about 6.83% of LBTYA stock, is the second-largest Mutual Fund holder. It holds 11,694,028 shares valued at 215.64 million. Dodge & Cox International Stock F holds 2.69% of the stake in LBTYA, owning 4,612,561 shares worth 85.06 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, LBTYA reported revenue of $1.75B and operating income of $82.80M. The EBITDA in the recently reported quarter was $708.20M and diluted EPS was $5.47.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LBTYA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With LBTYA analysts setting a high price target of $51.00 and a low target of $20.00, the average target price over the next 12 months is $27.99. Based on these targets, LBTYA could surge 172.44% to reach the target high and rise by 6.84% to reach the target low. Reaching the average price target will result in a growth of 49.52% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded LBTYA stock several times over the past three months with 4 Buys and 1 Sells. In these transactions, 1,203 shares were bought while 119,163 shares were sold. The number of buy transactions has increased to 61 while that of sell transactions has risen to 36 over the past year. The total number of shares bought during that period was 728,381 while 464,517 shares were sold.

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