PageGroup (LON:PAGE) Hits New 1-Year Low – Time to Sell?

PageGroup plc (LON:PAGE)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 121.80 and last traded at GBX 124.70, with a volume of 2175860 shares changing hands. The stock had previously closed at GBX 132.10.

Analyst Ratings Changes

Several research firms have issued reports on PAGE. Jefferies Financial Group restated a “hold” rating and set a GBX 145 target price on shares of PageGroup in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 260 price objective on shares of PageGroup in a report on Wednesday, April 15th. Finally, Citigroup dropped their target price on shares of PageGroup from GBX 440 to GBX 300 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 235.

PageGroup Stock Down 5.6%

The company has a current ratio of 1.47, a quick ratio of 1.77 and a debt-to-equity ratio of 61.62. The stock has a market cap of £388.27 million, a P/E ratio of 43.00, a PEG ratio of 0.98 and a beta of 0.96. The company’s 50 day moving average price is GBX 140.49 and its two-hundred day moving average price is GBX 193.14.

PageGroup (LON:PAGE) last announced its earnings results on Thursday, March 5th. The company reported GBX 2.90 EPS for the quarter. PageGroup had a net margin of 0.56% and a return on equity of 4.18%. Equities analysts forecast that PageGroup plc will post 23.5923567 earnings per share for the current year.

Insider Transactions at PageGroup

In other news, insider Nick Kirk sold 55,575 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of GBX 146, for a total value of £81,139.50. Also, insider Kelvin Stagg sold 23,778 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of GBX 145, for a total value of £34,478.10. Insiders sold 117,579 shares of company stock worth $17,142,756 in the last three months. Corporate insiders own 1.10% of the company’s stock.

PageGroup Company Profile

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.