FDM Group (LON:FDM) Issues Quarterly Earnings Results

FDM Group (LON:FDM) announced its quarterly earnings results on Monday. The company reported GBX 3.80 earnings per share for the quarter, Digital Look Earnings reports. FDM Group had a net margin of 3.19% and a return on equity of 10.20%.

FDM Group Price Performance

Shares of FDM Group stock opened at GBX 113.20 on Tuesday. The company has a quick ratio of 2.24, a current ratio of 2.48 and a debt-to-equity ratio of 38.18. The company has a market cap of £123.78 million, a PE ratio of 21.77 and a beta of 1.11. The business has a 50 day moving average of GBX 110.21 and a 200 day moving average of GBX 120.01. FDM Group has a 52 week low of GBX 94.50 and a 52 week high of GBX 165.80.

Wall Street Analyst Weigh In

FDM has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of FDM Group from GBX 160 to GBX 155 and set a “buy” rating on the stock in a research report on Tuesday. Shore Capital Group reiterated a “house stock” rating on shares of FDM Group in a report on Monday. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 142.50.

Insider Activity at FDM Group

In related news, insider Michael (Mike) McLaren acquired 7,562 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was acquired at an average cost of GBX 118 per share, for a total transaction of £8,923.16. Also, insider Sheila Flavell acquired 7,848 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was bought at an average price of GBX 118 per share, with a total value of £9,260.64. In the last ninety days, insiders have acquired 34,446 shares of company stock worth $4,064,628. 17.84% of the stock is currently owned by insiders.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.