I’m Kicking Myself Right Now For Missing Out On Liberty Global Plc (LBTYK)

On November 29, 2019, Liberty Global Plc (NASDAQ:LBTYK) shares lost -0.78% or -0.17 points to close at $21.5 with a thin trading volume of 1.67 million shares. It opened the trading session at $21.71, the shares rose to $21.71 and dropped to $21.215, the range by which the price of stock traded the whole day. The company now has a market cap of $9.43 billion and currently has 438.78 million outstanding shares. Liberty Global Plc (LBTYK) stock has plunged -8.94 percent of market value in 21 trading days.

LBTYK stock’s trailing 3-year beta is 0, meaning there will be a lower rate of return, although posing a lower risk. The part of a firm’s profit given to each outstanding share of regular stock was $17.58 share in the trailing 52 weeks. The stock’s value surged 4.17 percent year to date (YTD) compared to a decline of -10.83 percent in 52 week’s period. The firm’s shares are still trading -22.77 percent below its 1-year high of $27.84 and 11.75 percent up from 52-week low of $19.24. The average consensus ranking on the company is 1.5, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.

Liberty Global Plc (LBTYK) is most likely going to rise 51.16 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $36-month high price target. This represents a whopping 67.44 percent increase from the current trading of shares. The 52-week median price target given by the analysts is $30.5, which means a return possibility of 41.86 percent in comparison with the closing price of the stock of $21.5 on November 29. The lowest price set for the stock is $20 — just above -6.98 percent from LBTYK share price now.

Past records have indicated that shares in Liberty Global Plc declined on 10 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of LBTYK’s Q4 earnings on February 13. Analysts are predicting revenue to suffer decline of -23.7 percent to $2.96B in the financial fourth quarter, while EPS will soar by about -100 percent to $0 per share. Revenue for the quarter was $2.95B. Earnings are seen to rise by 0 percent this year, 0 percent in the coming year.

Let’s take a glimpse at some insider activity at Liberty Global Plc (NASDAQ:LBTYK) and observe the pattern. The earliest insider trade happened on 11/18/2008. WARGO J DAVID parted with a total of 36.67 thousand shares of the firm at average share price of $5.69. The total amount for the sale was set at $208.64 thousand. On completing this exchange, the Director account balance was 17.08 thousand shares. The stock grew 277.86 percent from that insider sale. On 10/16/2008, GOULD PAUL A, Director, did a purchase of 22.5 thousand shares at a price of $7.55 per share. This increased 169.84 thousand shares to the insider’s fortune and the stock experienced a 184.77 percent rally in price since the news became public. This exchange saw 703.6 thousand shares get into the Director account.

On 10/10/2008, Director WARGO J DAVID recorded a sale transaction valued at $996.73 thousand. The sale at $8.36 a share has eliminated 119.23 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed 157.18 percent increase since the transaction reporting date. The company insider is left with 29.84 thousand shares remaining in the account. GOULD PAUL A, who works as Director at the company, performed a purchase of 22.5 thousand shares in a transaction worth $187.61 thousand. The acquisition recorded on 10/10/2008 was priced at $8.34 per share. The stock price soared 157.79 percent since the transaction. GOULD PAUL A currently holds a stake of 681.1 thousand in LBTYK stock which is worth $14.64 million after the insider buying.

The stock is lingering around the initial support level of $21.24. After this, the following support is at the zone of $20.98. Up until the time the LBTYK stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 39.03 on the daily chart, and this may be a cause for comfort. In case the price goes below $20.98 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $21.73 level may cause a pull-back move approaching $21.97 mark.

The industry LBTYK deals with has an average P/E of 18.8. Its P/B ratio is standing at 1X compared to the 3.5 industry average. It is additionally sporting a 1.4 on the Price-to-Sales ratio, compared to the industry’s P/S average of 2.6.