Kate Ferry Acquires 32,026 Shares of Burberry Group (LON:BRBY) Stock

Burberry Group plc (LON:BRBY) insider Kate Ferry purchased 32,026 shares of the stock in a transaction dated Thursday, June 25th. The stock was purchased at an average cost of GBX 1,089 per share, for a total transaction of £348,763.14.

Burberry Group Price Performance

LON BRBY traded down GBX 7.50 on Thursday, hitting GBX 1,077.50. The stock had a trading volume of 10,903,262 shares, compared to its average volume of 29,861,334. Burberry Group plc has a 52-week low of GBX 976 and a 52-week high of GBX 1,376.50. The company has a debt-to-equity ratio of 162.02, a quick ratio of 1.63 and a current ratio of 1.87. The company has a market capitalization of £3.87 billion, a price-to-earnings ratio of 182.63, a price-to-earnings-growth ratio of 1.66 and a beta of 0.68. The firm has a 50-day moving average of GBX 1,142.57 and a 200-day moving average of GBX 1,165.25.

Burberry Group (LON:BRBY) last released its quarterly earnings results on Thursday, May 14th. The company reported GBX 15.20 EPS for the quarter. The firm had revenue of GBX 242 billion during the quarter. Burberry Group had a net margin of 0.87% and a return on equity of 2.29%. Equities analysts expect that Burberry Group plc will post 32.6294821 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BRBY. Berenberg Bank reissued a “hold” rating and set a GBX 1,080 price objective on shares of Burberry Group in a report on Tuesday, June 16th. JPMorgan Chase & Co. boosted their price objective on shares of Burberry Group from GBX 950 to GBX 980 and gave the stock an “underweight” rating in a report on Friday, May 15th. Citigroup decreased their price target on Burberry Group from GBX 1,590 to GBX 1,560 and set a “buy” rating on the stock in a research note on Monday, June 1st. UBS Group reissued a “buy” rating and set a GBX 1,410 price objective on shares of Burberry Group in a research note on Monday, May 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,400 price objective on shares of Burberry Group in a research report on Tuesday, May 19th. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of GBX 1,322.22.

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.