Future (LON:FUTR) Sets New 1-Year Low – What’s Next?
by Tristan Rich · The Markets DailyFuture plc (LON:FUTR – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 519.97 and last traded at GBX 526, with a volume of 183116 shares. The stock had previously closed at GBX 528.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. decreased their target price on shares of Future from GBX 1,280 to GBX 1,235 and set an “overweight” rating on the stock in a research report on Friday, December 5th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 984.
View Our Latest Report on FUTR
Future Trading Up 0.1%
The firm has a market cap of £502.27 million, a price-to-earnings ratio of 6.95, a PEG ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 31.50, a quick ratio of 0.60 and a current ratio of 0.69. The business has a fifty day moving average of GBX 588.64 and a two-hundred day moving average of GBX 668.10.
Future (LON:FUTR – Get Free Report) last released its quarterly earnings data on Thursday, December 4th. The company reported GBX 124.20 earnings per share for the quarter. Future had a return on equity of 8.41% and a net margin of 11.69%. As a group, equities analysts expect that Future plc will post 116.6270784 earnings per share for the current fiscal year.
Future announced that its Board of Directors has approved a share buyback plan on Thursday, December 4th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its shares are undervalued.
Insider Activity
In other Future news, insider Kevin Li Ying purchased 9,029 shares of the stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of GBX 551 per share, for a total transaction of £49,749.79. Also, insider Mark Brooker acquired 7,201 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of GBX 553 per share, with a total value of £39,821.53. Company insiders own 5.50% of the company’s stock.
Future Company Profile
Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams