LSL Property Services (LON:LSL) Hits New 1-Year Low – What’s Next?

Shares of LSL Property Services plc (LON:LSL) hit a new 52-week low during trading on Monday . The company 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.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 361 target price on shares of LSL Property Services in a report on Friday, May 15th. Shore Capital Group restated a “house stock” rating on shares of LSL Property Services in a report on Friday, May 15th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, LSL Property Services presently has a consensus rating of “Buy” and a consensus target price of GBX 360.50.

LSL Property Services Stock Performance

The company has a market cap of £209.05 million, a P/E ratio of 13.02, a PEG ratio of 1.49 and a beta of 0.43. The stock’s 50 day moving average is GBX 220.22 and its 200-day moving average is GBX 241.44. The company has a current ratio of 2.25, a quick ratio of 1.06 and a debt-to-equity ratio of 55.75.

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

Insider Buying and Selling

In other news, insider James Mack purchased 11,737 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average price of GBX 213 per share, for a total transaction of £24,999.81. Also, insider Sonya Ghobrial purchased 4,716 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average price of GBX 212 per share, for a total transaction of £9,997.92. Insiders have purchased a total of 97,638 shares of company stock worth $20,900,657 over the last quarter. 21.10% of the stock is owned by insiders.

About LSL Property Services

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.