Key Points
- Insider sale: Andrew Stephen Thomis sold 23,898 Cohort shares at an average of GBX 1,162, generating proceeds of approximately £277,695.
- Financial performance: Cohort reported quarterly EPS of GBX 61.93, with a 13.59% return on equity and a 7.80% net margin.
- Analyst outlook: The stock has a consensus “Moderate Buy” rating and an average target price of GBX 1,563.33, compared with an opening price of GBX 1,132.
Cohort plc (LON:CHRT - Get Free Report) insider Andrew Stephen Thomis sold 23,898 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of GBX 1,162, for a total value of £277,694.76.
Cohort Trading Up 0.7%
Shares of CHRT stock opened at GBX 1,132 on Friday. The firm has a market capitalization of £520.49 million, a P/E ratio of 22.07 and a beta of 0.34. Cohort plc has a twelve month low of GBX 881.10 and a twelve month high of GBX 1,538. The company has a quick ratio of 0.93, a current ratio of 1.43 and a debt-to-equity ratio of 30.21. The stock's fifty day simple moving average is GBX 1,274.07 and its 200 day simple moving average is GBX 1,266.12.
Cohort (LON:CHRT - Get Free Report) last issued its earnings results on Wednesday, July 15th. The company reported GBX 61.93 earnings per share (EPS) for the quarter. Cohort had a return on equity of 13.59% and a net margin of 7.80%. As a group, sell-side analysts predict that Cohort plc will post 42.7951807 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms have recently issued reports on CHRT. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,630 price objective on shares of Cohort in a research note on Tuesday, July 21st. Royal Bank Of Canada lifted their target price on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the stock an "outperform" rating in a research report on Friday, July 17th. Finally, Jefferies Financial Group reissued a "hold" rating and set a GBX 1,300 target price on shares of Cohort in a report on Wednesday, July 1st. Two investment 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 presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,563.33.
Check Out Our Latest Report on CHRT
About Cohort
(
Get Free Report)
Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.
The Group is split into two segments:
Communications and Intelligence
- EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt
- EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.
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