Jefferies Financial Group Reaffirms Underperform Rating for Hays (LON:HAS)

Hays (LON:HAS)‘s stock had its “underperform” rating reissued by investment analysts at Jefferies Financial Group in a report released on Thursday,London Stock Exchange reports. They currently have a GBX 28 target price on the stock. Jefferies Financial Group’s price objective would suggest a potential downside of 12.39% from the stock’s previous close.

Separately, Citigroup cut their price target on shares of Hays from GBX 90 to GBX 75 and set a “buy” rating for the company in a report on Friday, April 24th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 71.60.

Hays Price Performance

Shares of LON HAS traded up GBX 0.54 during mid-day trading on Thursday, reaching GBX 31.96. The company had a trading volume of 1,324,628 shares, compared to its average volume of 11,130,592. The company has a debt-to-equity ratio of 65.55, a quick ratio of 1.31 and a current ratio of 1.27. Hays has a one year low of GBX 28.68 and a one year high of GBX 74.10. The firm has a market cap of £511.05 million, a price-to-earnings ratio of -48.42, a PEG ratio of 0.24 and a beta of 0.79. The business’s 50-day simple moving average is GBX 32.91 and its 200 day simple moving average is GBX 44.70.

Hays (LON:HAS) last posted its quarterly earnings data on Friday, February 27th. The company reported GBX 0.46 earnings per share for the quarter. Hays had a negative net margin of 0.16% and a negative return on equity of 2.24%. On average, research analysts predict that Hays will post 4.0966184 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Hays news, insider Cheryl Millington acquired 5,000 shares of Hays stock in a transaction that occurred on Tuesday, March 3rd. The shares were acquired at an average cost of GBX 39 per share, with a total value of £1,950. Also, insider Helen Cunningham bought 6,237 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was acquired at an average price of GBX 32 per share, for a total transaction of £1,995.84. Over the last ninety days, insiders acquired 522,289 shares of company stock valued at $15,955,748. 0.76% of the stock is owned by corporate insiders.

Hays Company Profile