Future (LON:FUTR) Stock Price Up 9.9% – Still a Buy?

Future plc (LON:FUTR) shares traded up 9.9% during mid-day trading on Monday . The company traded as high as GBX 736.50 ($9.71) and last traded at GBX 727.50 ($9.59). 5,957,146 shares changed hands during trading, an increase of 662% from the average session volume of 782,237 shares. The stock had previously closed at GBX 662 ($8.73).

Analyst Ratings Changes

Separately, Canaccord Genuity Group upgraded Future to a “hold” rating and set a GBX 733 ($9.67) target price on the stock in a research note on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,060 ($13.98).

Future Trading Up 9.9 %

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 company’s 50 day moving average price is GBX 847.64 and its 200 day moving average price is GBX 904.10. The company has a market cap of £787.73 million, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01.

Future Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 11th. Shareholders of record on Thursday, January 16th were given a GBX 3.40 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 0.35%. Future’s dividend payout ratio is currently 3.84%.

About Future

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams