With over 1.99 million Liberty Global plc (LBTYK) shares trading Monday and a closing price of $19.13 on the day, the dollar volume was approximately $38.14 million. The shares have shown a negative half year performance of -7.54% and its price on 03/13/23 lost nearly -1.34%. Currently, there are 271.21M common shares owned by the public and among those 250.18M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 15 analysts who have offered their price forecasts for LBTYK have a consensus price objective of $29.03. The analysts have set the share’s price value over the next 12 months at a high of $50.00 and a low of $22.50. The average price target is 23.48% above its recent price level and an upside to the estimated low will see the stock gain 14.98% over that period. But an upside of 61.74% will see the stock hit the forecast high price target while median target price for the stock is $27.00.
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Insiders at the company have transacted a total of 13 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 2 of these insider trades were purchases, accounting for 64,455 shares. Insider sales of the common stock occurred on 11 occasions, with total insider shares sold totaling 313,190 shares.
The top 3 mutual fund holders in Liberty Global plc are Dodge & Cox International Stock F, Government Pension Fund – Global, and Vanguard Extended Market Index Fu. Dodge & Cox International Stock F owns 8.46 million shares of the company’s stock, all valued at over $179.77 million. Government Pension Fund – Global bought 0.59 million shares to see its total holdings expand to 6.17 million shares valued at over $131.18 million and representing 2.25% of the shares outstanding. Vanguard Extended Market Index Fu sold 952.0 shares to bring its total holdings to over 4.39 million shares at a value of $93.29 million. Vanguard Extended Market Index Fu now owns shares totaling to 1.60% of the shares outstanding.
Shares of Liberty Global plc (NASDAQ: LBTYK) opened at $19.10, down -$0.29 from a prior closing price of $19.39. However, the script later moved the day high at 19.55, down -1.34%. The company’s stock has a 5-day price change of -8.43% and -2.20% over the past three months. LBTYK shares are trading -1.54% year to date (YTD), with the 12-month market performance down to -22.27% lower. It has a 12-month low price of $16.16 and touched a high of $27.00 over the same period. LBTYK has an average intraday trading volume of 1.91 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -9.25%, -10.50%, and -8.51% respectively.
Institutional ownership of Liberty Global plc (NASDAQ: LBTYK) shares accounts for 85.83% of the company’s 271.21M shares outstanding. Mutual fund holders own 28.05%, while other institutional holders and individual stakeholders account for 56.94% and 14.10% respectively.
It has a market capitalization of $8.60B. The stock’s trailing 12-month PE ratio is 16.21, while the earnings-per-share (ttm) stands at $1.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.48% over the week and 2.27% over the month.
Analysts forecast that Liberty Global plc (LBTYK) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2023. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 15 brokerage firm advisors rate Liberty Global plc (LBTYK) as a “Hold” at a consensus score of 3.00. Specifically, 10 Wall Street analysts polled rate the stock as a buy, while 5 of the 15 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the LBTYK, a number of firms have released research notes about the stock. Pivotal Research Group stated their Buy rating for the stock in a research note on December 17, 2019, with the firm’s price target at $30-$25.
