54.4 F
New York
Tuesday, December 1, 2020

Is Now the Time to Invest in Liberty Global plc (NASDAQ:LBTYA)?

Must read

Will Apollo Global Management Inc. (APO) Find a Support Level Soon?

Apollo Global Management Inc. (APO) shares are trading at higher $43.87 and the avg recommendation for the stock is Moderate Buy, while the current...

The Forecast Just Changed on Twilio Inc. (NYSE:TWLO)

Twilio Inc. (TWLO) shares are trading at higher $319.05 and the avg recommendation for the stock is Strong Buy, while the current analyst price...

9F Inc. (JFU)’s Stock is Jumping, Here is Why

9F Inc. (JFU) shares are trading at lower $1.64 and the avg recommendation for the stock is Hold. To add more color to this...

Renewed Optimism is Surrounding Asana Inc. (NYSE:ASAN)

Asana Inc. (ASAN) shares are trading at higher $27.88 and the avg recommendation for the stock is Moderate Buy, while the current analyst price...

Liberty Global plc (LBTYA) shares are trading at higher $22.60 and the avg recommendation for the stock is Moderate Buy. while the current analyst price target stands at $28.48.

To add more color to this target, the company’s high over the last year is $28.48 and the low is $15.23. Over the last 52 weeks, LBTYA is down -20.65% while the S&P 500 is up 0.22%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, LBTYA reported a profit of $2.01 billion. Liberty Global plc also saw revenues increase to $2.72 billion. In addition, LBTYA has free cash flow of $942.3 million as of 06-2020. The company’s EBITDA came in at $1.08 billion which compares well with its peers.

LBTYA Return on Equity (ROE) is 88.80%, and its Return on Assets is 24.80%. All told, it is clear that, LBTYA needs to be on your watchlist.

Find out when LBTYA reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. LBTYA has a short ratio of 1.68 and outstanding shares of 612.68M.

Company Outlook

LBTYA has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 1.39 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.79. Liberty Global plc LBTYA also noted assets of $47.34 billion at the end of the last quarter. Investors should also keep an eye on sector updates as LBTYA has historically followed its peers on positive news.

All told, Liberty Global plc LBTYA has strung together solid data and demonstrated underlying fundamentals. At its current valuation, LBTYA represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Liberty Global plc LBTYA is now commanding a market cap of 13.22B and a float of 554.01M. LBTYA is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of LBTYA stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in LBTYA, either long or short, and we have not been compensated for this article.

Latest article

ToughBuilt Industries Inc. (NASDAQ:TBLT) Stock is Soaring, Here is Why

ToughBuilt Industries Inc. (TBLT) shares are trading at higher $0.83 and the avg recommendation for the stock is Moderate Buy. To add more color...

3M Company (MMM)’s Stock is Jumping, Here is Why

3M Company (MMM) shares are trading at lower $176.89 and the avg recommendation for the stock is Hold, while the current analyst price target...

Can We Expect More Volatility From Novo Nordisk A/S (NVO)?

Novo Nordisk A/S (NVO) shares are trading at higher $67.54 and the avg recommendation for the stock is Hold, while the current analyst price...

When Will Urban One Inc. (UONEK) Slow Down

Urban One Inc. (UONEK) shares are trading at higher $1.41. To add more color to this target, the company’s high over the last year...

Nordic American Tankers Limited (NYSE:NAT) is Gaining Momentum on Earnings Catalyst

Nordic American Tankers Limited (NAT) shares are trading at lower $3.32 and the avg recommendation for the stock is Moderate Buy. To add more...