Hays’ (HAS) “Underperform” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their underperform rating on shares of Hays (LON:HAS) in a research report report published on Monday,Digital Look reports. They currently have a GBX 45 price objective on the stock.

A number of other brokerages also recently issued reports on HAS. UBS Group reissued a “neutral” rating and issued a GBX 33 price objective on shares of Hays in a research note on Friday, July 3rd. Royal Bank Of Canada raised their target price on Hays from GBX 60 to GBX 85 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Deutsche Bank Aktiengesellschaft lifted their target price on Hays from GBX 60 to GBX 95 and gave the stock a “buy” rating in a report on Wednesday, September 9th. Finally, Citigroup lifted their target price on Hays from GBX 33 to GBX 65 and gave the stock a “neutral” rating in a report on Wednesday, September 23rd. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 64.60.

Hays Stock Performance

Shares of HAS opened at GBX 57.15 on Monday. The company has a current ratio of 1.18, a quick ratio of 1.31 and a debt-to-equity ratio of 60.68. The stock has a market capitalization of £899.04 million, a P/E ratio of -15.70, a price-to-earnings-growth ratio of 0.24 and a beta of 0.77. The firm’s fifty day simple moving average is GBX 66.47 and its two-hundred day simple moving average is GBX 47.92. Hays has a 12 month low of GBX 28.68 and a 12 month high of GBX 78.45.

Hays (LON:HAS) last issued its quarterly earnings results on Thursday, August 20th. The company reported GBX (3.64) earnings per share for the quarter. Hays had a negative return on equity of 13.31% and a negative net margin of 0.91%. As a group, analysts predict that Hays will post 4.10 EPS for the current year.

Insider Activity

In related news, insider James Hilton sold 63,122 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of GBX 67, for a total transaction of £42,291.74. 0.76% of the stock is owned by insiders.

About Hays