LSL Property Services (LON:LSL) Hits New 1-Year Low – Here’s Why

LSL Property Services plc (LON:LSL)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 205 and last traded at GBX 211, with a volume of 123617 shares changing hands. The stock had previously closed at GBX 211.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on LSL shares. Shore Capital Group reaffirmed a “house stock” rating on shares of LSL Property Services in a research report on Friday, May 15th. Jefferies Financial Group restated a “buy” rating and set a GBX 361 target price on shares of LSL Property Services in a research note on Friday, May 15th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, LSL Property Services has a consensus rating of “Buy” and an average price target of GBX 360.50.

LSL Property Services Price Performance

The company has a current ratio of 2.25, a quick ratio of 1.06 and a debt-to-equity ratio of 55.75. The stock has a 50 day simple moving average of GBX 219.74 and a 200-day simple moving average of GBX 241.07. The firm has a market cap of £209.04 million, a PE ratio of 13.02, a price-to-earnings-growth ratio of 1.49 and a beta of 0.43.

LSL Property Services (LON:LSL) last released its quarterly earnings data on Thursday, March 19th. The company reported GBX 24.40 earnings per share for the quarter. LSL Property Services had a return on equity of 20.71% and a net margin of 9.21%. Equities analysts anticipate that LSL Property Services plc will post 24.137931 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Gaby Appleton acquired 4,617 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost of GBX 215 per share, with a total value of £9,926.55. Also, insider Adrian Collins acquired 23,295 shares of LSL Property Services stock in a transaction dated Wednesday, May 20th. The shares were bought at an average price of GBX 213 per share, for a total transaction of £49,618.35. Insiders purchased a total of 97,638 shares of company stock worth $20,900,657 over the last ninety days. 21.10% of the stock is owned by company insiders.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.