LSL Property Services (LON:LSL) Stock Falls 0.4% – Should You Sell?

Shares of LSL Property Services plc (LON:LSL) were down 0.4% during mid-day trading on Friday. The stock traded as low as GBX 263 and last traded at GBX 268. Approximately 149,314 shares traded hands during trading, a decline of 24% from the average daily volume of 196,070 shares. The stock had previously closed at GBX 269.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of LSL Property Services in a report on Tuesday, September 15th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 361.

LSL Property Services Price Performance

The business has a 50-day simple moving average of GBX 258.96 and a 200 day simple moving average of GBX 241.81. The stock has a market cap of £258.64 million, a P/E ratio of 15.95, a price-to-earnings-growth ratio of 1.49 and a beta of 0.44. The company has a current ratio of 2.60, a quick ratio of 1.05 and a debt-to-equity ratio of 46.65.

LSL Property Services (LON:LSL) last issued its quarterly earnings data on Tuesday, September 15th. The company reported GBX 11.90 earnings per share (EPS) for the quarter. LSL Property Services had a return on equity of 21.39% and a net margin of 9.26%. On average, analysts forecast that LSL Property Services plc will post 24.14 earnings per share for the current year.

About LSL Property Services

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.