Experian (LON:EXPN) Hits New 1-Year Low – Should You Sell?

Experian plc (LON:EXPN) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 30.34 and last traded at GBX 3,021.83, with a volume of 5040803 shares trading hands. The stock had previously closed at GBX 2,981.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada restated an “outperform” rating and set a GBX 4,000 price objective on shares of Experian in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reduced their target price on Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating on the stock in a report on Thursday, May 21st. Stifel Nicolaus reissued a “buy” rating and set a GBX 4,400 target price on shares of Experian in a research report on Wednesday, May 20th. Jefferies Financial Group restated a “buy” rating and set a GBX 4,600 price target on shares of Experian in a report on Thursday, May 21st. Finally, Citigroup downgraded shares of Experian to a “buy” rating in a research report on Monday, July 20th. Six analysts have rated the stock with a Buy rating, According to MarketBeat, Experian has a consensus rating of “Buy” and an average target price of GBX 4,087.33.

Experian Stock Down 1.3%

The company has a quick ratio of 0.76, a current ratio of 0.85 and a debt-to-equity ratio of 100.36. The stock’s 50-day simple moving average is GBX 2,635.73 and its 200 day simple moving average is GBX 2,691.46. The firm has a market cap of £25.37 billion, a P/E ratio of 17.50, a PEG ratio of 2.48 and a beta of 0.83.

Experian declared that its Board of Directors has initiated a share repurchase plan on Wednesday, July 1st that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at Experian

In related news, insider Lloyd Pitchford sold 39,462 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 2,621, for a total transaction of £1,034,299.02. Also, insider Brian Cassin sold 63,864 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 2,624, for a total value of £1,675,791.36. Insiders have acquired a total of 87,031 shares of company stock worth $230,517,957 in the last 90 days. Corporate insiders own 0.67% of the company’s stock.

Experian Company Profile

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate.