Future plc (LON:FUTR) insider Penny Ladkin-Brand acquired 7,974 shares of the stock in a transaction on Tuesday, December 3rd. The shares were purchased at an average price of GBX 1,254 ($16.39) per share, for a total transaction of £99,993.96 ($130,659.82).
Shares of LON:FUTR traded down GBX 26 ($0.34) during trading on Tuesday, reaching GBX 1,268 ($16.57). 717,223 shares of the company traded hands, compared to its average volume of 114,539. The firm has a fifty day simple moving average of GBX 1,365.74 and a 200 day simple moving average of GBX 1,160.74. The company has a quick ratio of 0.43, a current ratio of 0.44 and a debt-to-equity ratio of 21.98. Future plc has a 1-year low of GBX 460 ($6.01) and a 1-year high of GBX 1,572 ($20.54). The firm has a market cap of $1.23 billion and a P/E ratio of 136.34.
The business also recently declared a dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 16th will be paid a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, January 16th. This is an increase from Future’s previous dividend of $0.50. This represents a dividend yield of 0.07%. Future’s dividend payout ratio is 0.22%.
Several analysts have recently commented on the company. Berenberg Bank raised their target price on Future from GBX 1,755 ($22.93) to GBX 1,830 ($23.91) and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Deutsche Bank increased their price objective on Future from GBX 1,562 ($20.41) to GBX 1,659 ($21.68) and gave the stock a “buy” rating in a research note on Monday, November 18th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Future in a research note on Thursday, November 21st. Five analysts have rated the stock with a buy rating, Future presently has a consensus rating of “Buy” and an average target price of GBX 1,364.80 ($17.83).
Future Company Profile
Future plc, together with its subsidiaries, publishes content for technology, games and entertainment, music, photography and design, hobbies, home interest, and B2B sectors in Europe, North America, the Asia Pacific, and Australia. It operates through two segments, Media and Magazine. The company publishes magazines; operates online sites; and organizes events.
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