Mark Brooker Purchases 7,201 Shares of Future (LON:FUTR) Stock

Future plc (LON:FUTR) insider Mark Brooker acquired 7,201 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average price of GBX 553 per share, with a total value of £39,821.53.

Future Stock Performance

Shares of Future stock opened at GBX 527.75 on Wednesday. Future plc has a fifty-two week low of GBX 522.50 and a fifty-two week high of GBX 1,073. The company has a debt-to-equity ratio of 31.50, a current ratio of 0.69 and a quick ratio of 0.60. The firm has a market capitalization of £503.45 million, a P/E ratio of 6.96, a P/E/G ratio of 0.64 and a beta of 1.01. The company’s 50 day moving average price is GBX 610.74 and its two-hundred day moving average price is GBX 681.39.

Future (LON:FUTR) last announced its quarterly earnings results on Thursday, December 4th. The company reported GBX 124.20 earnings per share (EPS) for the quarter. Future had a net margin of 11.69% and a return on equity of 8.41%. On average, equities analysts forecast that Future plc will post 116.6270784 earnings per share for the current fiscal year.

Future announced that its Board of Directors has authorized a share repurchase program on Thursday, December 4th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their target price on Future from GBX 1,280 to GBX 1,235 and set an “overweight” rating for the company in a research report on Friday, December 5th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 984.

About Future

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