Key Points
- Insider buying: Michael O'Donnell bought 4,000 shares of Big Yellow Group on May 19 at GBX 827 each, spending about £33,080.
- Shares were weaker: Big Yellow Group stock was down about 2.1% and opened at GBX 812, near its 52-week low of GBX 800.50.
- Analyst sentiment remains positive overall: The stock has a consensus rating of “Moderate Buy” with an average target price of GBX 1,217.17, though Goldman Sachs recently cut its rating to sell.
Big Yellow Group Plc (LON:BYG - Get Free Report) insider Michael O'Donnell purchased 4,000 shares of Big Yellow Group stock in a transaction dated Tuesday, May 19th. The shares were bought at an average price of GBX 827 per share, for a total transaction of £33,080.
Big Yellow Group Stock Down 2.1%
BYG stock opened at GBX 812 on Wednesday. The firm has a market cap of £1.59 billion, a PE ratio of 12.27, a PEG ratio of 2.40 and a beta of 1.12. The company has a debt-to-equity ratio of 19.31, a quick ratio of 0.29 and a current ratio of 0.31. The firm's 50 day moving average price is GBX 888.57 and its 200-day moving average price is GBX 994.70. Big Yellow Group Plc has a one year low of GBX 800.50 and a one year high of GBX 1,208.
Big Yellow Group (LON:BYG - Get Free Report) last issued its quarterly earnings data on Monday, May 18th. The company reported GBX 63.80 earnings per share (EPS) for the quarter. The firm had revenue of £209.08 million for the quarter. Big Yellow Group had a net margin of 59.74% and a return on equity of 4.81%. On average, equities research analysts anticipate that Big Yellow Group Plc will post 57.4799434 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have issued reports on BYG shares. Berenberg Bank reissued a "buy" rating and issued a GBX 1,323 target price on shares of Big Yellow Group in a research report on Tuesday. The Goldman Sachs Group lowered Big Yellow Group to a "sell" rating and cut their target price for the company from GBX 1,140 to GBX 860 in a research report on Monday, March 30th. Finally, Jefferies Financial Group raised Big Yellow Group to a "buy" rating and boosted their target price for the company from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Big Yellow Group currently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,217.17.
Read Our Latest Report on Big Yellow Group
About Big Yellow Group
(
Get Free Report)
Big Yellow is the UK's brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.
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