Eagle Eye Solutions Group (LON:EYE) Hits New 12-Month High – Time to Buy?

Shares of Eagle Eye Solutions Group plc (LON:EYE) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 427 and last traded at GBX 422, with a volume of 103019 shares trading hands. The stock had previously closed at GBX 413.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Shore Capital Group restated a “house stock” rating on shares of Eagle Eye Solutions Group in a report on Monday, April 27th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 660 target price on shares of Eagle Eye Solutions Group in a research report on Wednesday, March 18th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 660.

Eagle Eye Solutions Group Stock Up 2.2%

The firm has a market capitalization of £126.10 million, a price-to-earnings ratio of -1,241.18 and a beta of 0.59. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.57 and a quick ratio of 1.08. The stock has a fifty day moving average of GBX 352.17 and a two-hundred day moving average of GBX 329.68.

Eagle Eye Solutions Group (LON:EYE) last announced its earnings results on Tuesday, March 17th. The company reported GBX 0.46 EPS for the quarter. Eagle Eye Solutions Group had a return on equity of 0.31% and a net margin of 0.22%. Sell-side analysts anticipate that Eagle Eye Solutions Group plc will post 12.1000003 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Anne De Kerckhove bought 3,921 shares of Eagle Eye Solutions Group stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average cost of GBX 383 per share, for a total transaction of £15,017.43. 25.15% of the stock is owned by insiders.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.