LBG Media (LON:LBG) Releases Earnings Results

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

LBG Media Price Performance

Shares of LBG opened at GBX 26.50 on Tuesday. LBG Media has a 1-year low of GBX 20.68 and a 1-year high of GBX 115.30. The stock has a market cap of £55.41 million, a PE ratio of 5.30 and a beta of 0.58. The company has a debt-to-equity ratio of 3.88, a current ratio of 3.27 and a quick ratio of 5.33. The firm has a fifty day moving average price of GBX 44.28 and a 200 day moving average price of GBX 67.59.

Wall Street Analysts Forecast Growth

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

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.