YouGov (LON:YOU) Stock Price Up 11.7% – Here’s What Happened

YouGov plc (LON:YOU) shares shot up 11.7% on Wednesday . The stock traded as high as GBX 298.50 and last traded at GBX 295.50. 8,050,636 shares traded hands during trading, an increase of 905% from the average session volume of 801,230 shares. The stock had previously closed at GBX 264.50.

Analysts Set New Price Targets

A number of research firms have recently issued reports on YOU. Berenberg Bank reduced their price target on shares of YouGov from GBX 760 to GBX 600 and set a “buy” rating for the company in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft dropped their price objective on YouGov from GBX 565 to GBX 438 and set a “buy” rating for the company in a research note on Tuesday, October 14th. Finally, JPMorgan Chase & Co. reduced their price objective on YouGov from GBX 385 to GBX 375 and set a “neutral” rating for the company in a report on Wednesday, October 15th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, YouGov has a consensus rating of “Moderate Buy” and a consensus price target of GBX 471.

YouGov Price Performance

The company has a debt-to-equity ratio of 130.35, a quick ratio of 0.99 and a current ratio of 0.77. The company has a 50-day moving average of GBX 279.40 and a 200-day moving average of GBX 316.72. The stock has a market capitalization of £296.90 million, a price-to-earnings ratio of 22.42, a P/E/G ratio of 0.71 and a beta of 1.06.

YouGov (LON:YOU) last released its quarterly earnings results on Tuesday, October 14th. The company reported GBX 31.70 earnings per share for the quarter. YouGov had a negative return on equity of 1.23% and a negative net margin of 0.69%. As a group, equities research analysts expect that YouGov plc will post 41.8853256 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Stephan Shakespeare purchased 39,060 shares of the stock in a transaction dated Wednesday, October 15th. The stock was acquired at an average cost of GBX 256 per share, for a total transaction of £99,993.60. Also, insider Alex McIntosh sold 76,486 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of GBX 340, for a total value of £260,052.40. In the last quarter, insiders purchased 144,991 shares of company stock worth $44,998,910. 13.43% of the stock is owned by corporate insiders.

YouGov Company Profile

YouGov is an international research and data analytics group.

Our mission is to supply a continuous stream of accurate data into what the world thinks, so that organisations can better serve the communities that sustain them.

Our 22 million registered members provide us with a highly engaged proprietary panel that delivers thousands of data points on consumer opinions, attitudes and behaviour on a daily basis.