PageGroup (LON:PAGE) Hits New 12-Month Low – What’s Next?

PageGroup plc (LON:PAGE)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 111.90 and last traded at GBX 113.78, with a volume of 79740234 shares. The stock had previously closed at GBX 116.40.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Jefferies Financial Group reissued a “hold” rating and set a GBX 145 target price on shares of PageGroup in a research report on Tuesday, April 14th. Citigroup dropped their target price on shares of PageGroup from GBX 440 to GBX 300 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 260 target price on shares of PageGroup in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 235.

PageGroup Price Performance

The company has a current ratio of 1.47, a quick ratio of 1.77 and a debt-to-equity ratio of 61.62. The company has a market cap of £354.28 million, a P/E ratio of 39.24, a PEG ratio of 0.98 and a beta of 0.96. The business’s fifty day moving average is GBX 135.41 and its 200 day moving average is GBX 188.70.

PageGroup (LON:PAGE) last posted its quarterly earnings results on Thursday, March 5th. The company reported GBX 2.90 EPS for the quarter. PageGroup had a net margin of 0.56% and a return on equity of 4.18%. As a group, sell-side analysts anticipate that PageGroup plc will post 23.5923567 EPS for the current year.

Insider Buying and Selling

In other PageGroup news, insider Ben Stevens bought 71,583 shares of the stock in a transaction on Thursday, March 5th. The shares were acquired at an average price of GBX 140 per share, with a total value of £100,216.20. Also, insider Nick Kirk sold 55,575 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of GBX 146, for a total transaction of £81,139.50. In the last quarter, insiders have sold 117,579 shares of company stock valued at $17,142,756. 1.10% of the stock is owned by company insiders.

PageGroup Company Profile

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core ?PageGroup brands?are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.