Insider Selling: Hays (LON:HAS) Insider Sells £42,291.74 in Stock

Hays plc (LON:HAS) insider James Hilton sold 63,122 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of GBX 67, for a total value of £42,291.74.

Hays Stock Performance

LON HAS opened at GBX 67.93 on Friday. The company has a market cap of £1.07 billion, a P/E ratio of -18.66, a P/E/G ratio of 0.24 and a beta of 0.77. The company has a debt-to-equity ratio of 60.68, a current ratio of 1.18 and a quick ratio of 1.31. The stock has a 50-day moving average of GBX 60.88 and a two-hundred day moving average of GBX 43.54. Hays plc has a 1-year low of GBX 28.68 and a 1-year 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 (EPS) 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 anticipate that Hays plc will post 4.0966184 EPS for the current year.

Hays declared that its Board of Directors has authorized a share repurchase plan on Monday, June 1st that allows the company to repurchase 0 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Hays from GBX 60 to GBX 95 and gave the stock a “buy” rating in a report on Wednesday. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 28 price objective on shares of Hays in a research report on Friday, August 21st. Royal Bank Of Canada increased their price objective on Hays from GBX 60 to GBX 85 and gave the company an “outperform” rating in a research note on Monday, August 24th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 33 target price on shares of Hays in a report on Friday, July 3rd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of GBX 63.20.

About Hays