PageGroup (LON:PAGE) Hits New 12-Month Low – Time to Sell?

PageGroup plc (LON:PAGE)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 121.80 and last traded at GBX 124.70, with a volume of 2175860 shares traded. The stock had previously closed at GBX 132.10.

Analyst Upgrades and Downgrades

PAGE has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 260 target price on shares of PageGroup in a research report on Wednesday, April 15th. Citigroup dropped their target price on shares of PageGroup from GBX 440 to GBX 300 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 145 target price on shares of PageGroup in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 235.

PageGroup Stock Down 2.2%

The company has a debt-to-equity ratio of 61.62, a current ratio of 1.47 and a quick ratio of 1.77. The company’s 50-day simple moving average is GBX 138.14 and its 200 day simple moving average is GBX 191.36. The firm has a market cap of £359.61 million, a P/E ratio of 39.83, a price-to-earnings-growth ratio of 0.98 and a beta of 0.96.

PageGroup (LON:PAGE) last released its quarterly earnings data on Thursday, March 5th. The company reported GBX 2.90 EPS for the quarter. PageGroup had a net margin of 0.56% and a return on equity of 4.18%. Research analysts anticipate that PageGroup plc will post 23.5923567 EPS for the current fiscal year.

Insider Buying and Selling at PageGroup

In other PageGroup news, insider Nick Kirk sold 55,575 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of GBX 146, for a total transaction of £81,139.50. Also, insider Ben Stevens acquired 71,583 shares of the stock in a transaction on Thursday, March 5th. The shares were acquired at an average price of GBX 140 per share, with a total value of £100,216.20. Insiders sold 117,579 shares of company stock worth $17,142,756 over the last 90 days. 1.10% of the stock is owned by insiders.

PageGroup Company Profile

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.