Insider Buying: FirstGroup plc (LON:FGP) Insider Acquires £149.41 in Stock

FirstGroup plc (LON:FGP) insider Ryan Mangold acquired 67 shares of the business’s stock in a transaction that occurred on Thursday, July 10th. The stock was purchased at an average price of GBX 223 ($2.99) per share, for a total transaction of £149.41 ($200.50).

Ryan Mangold also recently made the following trade(s):

• On Friday, June 13th, Ryan Mangold sold 950,000 shares of FirstGroup stock. The shares were sold at an average price of GBX 224 ($3.01), for a total value of £2,128,000 ($2,855,609.23).
• On Friday, June 13th, Ryan Mangold sold 50,000 shares of FirstGroup stock. The shares were sold at an average price of GBX 225 ($3.02), for a total value of £112,500 ($150,966.18).
• On Tuesday, May 13th, Ryan Mangold acquired 81 shares of FirstGroup stock. The stock was acquired at an average price of GBX 185 ($2.48) per share, for a total transaction of £149.85 ($201.09).

FirstGroup Trading Down 0.6%

FGP opened at GBX 217.20 ($2.91) on Thursday. The firm has a market cap of £1.28 billion, a price-to-earnings ratio of -101.48, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. FirstGroup plc has a 52 week low of GBX 128.60 ($1.73) and a 52 week high of GBX 238.20 ($3.20). The business’s 50 day moving average is GBX 208.06 and its two-hundred day moving average is GBX 179.24. The company has a quick ratio of 0.74, a current ratio of 0.69 and a debt-to-equity ratio of 257.49.

FirstGroup (LON:FGP) last released its earnings results on Tuesday, June 10th. The transport operator reported GBX 19.40 ($0.26) earnings per share (EPS) for the quarter. FirstGroup had a negative return on equity of 2.54% and a negative net margin of 0.34%. On average, research analysts predict that FirstGroup plc will post 17.3782772 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their price objective on FirstGroup from GBX 215 ($2.89) to GBX 240 ($3.22) and gave the company a “buy” rating in a report on Monday, July 7th.

About FirstGroup

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.