Future (LON:FUTR) Stock Price Down 9.1% – What’s Next?

Future plc (LON:FUTR)’s stock price traded down 9.1% during trading on Tuesday . The stock traded as low as GBX 308 and last traded at GBX 309.40. 792,189 shares changed hands during trading, a decline of 93% from the average session volume of 10,704,771 shares. The stock had previously closed at GBX 340.40.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Berenberg Bank reiterated a “hold” rating and set a GBX 330 target price on shares of Future in a report on Monday, May 18th. Barclays dropped their target price on Future from GBX 640 to GBX 285 and set a “neutral” rating on the stock in a report on Wednesday, April 1st. Canaccord Genuity Group dropped their target price on Future from GBX 733 to GBX 358 and set a “hold” rating on the stock in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,013 target price on shares of Future in a report on Friday, May 15th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 295 target price on shares of Future in a report on Friday, May 15th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 586.

Future Stock Down 9.1%

The company has a debt-to-equity ratio of 38.86, a quick ratio of 0.60 and a current ratio of 0.95. The firm has a fifty day simple moving average of GBX 329.74 and a 200-day simple moving average of GBX 447.41. The company has a market capitalization of £283.45 million, a PE ratio of 4.98, a P/E/G ratio of 0.64 and a beta of 1.33.

Future (LON:FUTR) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 13.10 earnings per share (EPS) for the quarter. Future had a return on equity of 3.57% and a net margin of 5.14%.The company had revenue of £349.10 million for the quarter. Equities research analysts anticipate that Future plc will post 116.6270784 EPS for the current fiscal year.

Future Company Profile

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams