Market cap of Liberty Global plc [LBTYK] reaches 8.16B – now what?

Liberty Global plc [NASDAQ: LBTYK] jumped around 0.44 points on Thursday, while shares priced at $19.84 at the close of the session, up 2.27%. The company report on August 24, 2023 at 2:00 AM that REOPENING OF THE ACCEPTANCE PERIOD FOR THE VOLUNTARY UNCONDITIONAL TAKEOVER OFFER ON TELENET GROUP HOLDING NV STARTS ON 24 AUGUST 2023.


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As previously announced in its press release dated 19 July 2023, Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK), will proceed on 24 August 2023 with the mandatory re-opening of its voluntary and now unconditional public takeover bid by its indirect wholly-owned subsidiary, Liberty Global Belgium Holding B.V. (the Offeror) for the 6.57% shares of Telenet Group Holding NV (Telenet) that the Offeror does not already own or that are not held by Telenet, at a price of €21.00 per share (after deduction of the €1.00 gross dividend approved by Telenet’s ordinary general meeting of 26 April 2023 and paid on 5 May 2023) (the Offer).

Liberty Global plc stock is now 2.11% up from its year-to-date (YTD) trading value. LBTYK Stock saw the intraday high of $20.10 and lowest of $19.47 per share. The company’s 52-week high price is 22.78, which means current price is +18.45% above from all time high which was touched on 02/02/23.

Compared to the average trading volume of 2.49M shares, LBTYK reached a trading volume of 5446101 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Liberty Global plc [LBTYK]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LBTYK shares is $25.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LBTYK stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Pivotal Research Group have made an estimate for Liberty Global plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 17, 2019.

How has LBTYK stock performed recently?

Liberty Global plc [LBTYK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.97. With this latest performance, LBTYK shares gained by 1.90% in over the last four-week period, additionally sinking by -6.37% over the last 6 months – not to mention a drop of -8.36% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LBTYK stock in for the last two-week period is set at 57.66, with the RSI for the last a single of trading hit 60.92, and the three-weeks RSI is set at 56.08 for Liberty Global plc [LBTYK]. The present Moving Average for the last 50 days of trading for this stock 19.05, while it was recorded at 19.41 for the last single week of trading, and 19.73 for the last 200 days.

Liberty Global plc [LBTYK]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Liberty Global plc [LBTYK] shares currently have an operating margin of +3.14 and a Gross Margin at +25.72. Liberty Global plc’s Net Margin is presently recorded at +8.23.

Return on Total Capital for LBTYK is now 0.57, given the latest momentum, and Return on Invested Capital for the company is 1.51. Return on Equity for this stock inclined to 2.45, with Return on Assets sitting at 1.32. When it comes to the capital structure of this company, Liberty Global plc [LBTYK] has a Total Debt to Total Equity ratio set at 69.33. Additionally, LBTYK Total Debt to Total Capital is recorded at 40.94, with Total Debt to Total Assets ending up at 36.26. Long-Term Debt to Equity for the company is recorded at 65.11, with the Long-Term Debt to Total Capital now at 38.46.

Reflecting on the efficiency of the workforce at the company, Liberty Global plc [LBTYK] managed to generate an average of $58,634 per employee. Receivables Turnover for the company is 7.69 with a Total Asset Turnover recorded at a value of 0.16.

Insider trade positions for Liberty Global plc [LBTYK]

The top three institutional holders of LBTYK stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in LBTYK stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in LBTYK stock with ownership which is approximately 5.7381%.

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