Key Points
- Insider purchase: Director Fredrik Widlund bought 100,000 CLS shares on April 29 at an average of GBX 49 per share (≈£49,000), after smaller purchases in February and April.
- Analyst outlook and fundamentals: Berenberg raised its price target to GBX 80 and the consensus is a "Moderate Buy" (avg PT GBX 75), while CLS shows weak fundamentals with negative EPS, a negative net margin, a P/E of -3.83 and a high debt-to-equity ratio (121.99).
CLS Holdings plc (LON:CLI - Get Free Report) insider Fredrik Widlund bought 100,000 shares of CLS stock in a transaction on Wednesday, April 29th. The shares were acquired at an average cost of GBX 49 per share, for a total transaction of £49,000.
Fredrik Widlund also recently made the following trade(s):
- On Monday, April 13th, Fredrik Widlund purchased 256 shares of CLS stock. The shares were acquired at an average cost of GBX 59 per share, with a total value of £151.04.
- On Monday, February 9th, Fredrik Widlund purchased 244 shares of CLS stock. The shares were acquired at an average price of GBX 62 per share, for a total transaction of £151.28.
CLS Stock Performance
Shares of CLS stock opened at GBX 48.25 on Thursday. The business has a 50-day moving average price of GBX 52.52 and a two-hundred day moving average price of GBX 57.18. CLS Holdings plc has a 1-year low of GBX 46 and a 1-year high of GBX 73. The company has a current ratio of 0.29, a quick ratio of 0.59 and a debt-to-equity ratio of 121.99. The company has a market cap of £192.09 million, a P/E ratio of -3.83 and a beta of 1.03.
CLS (LON:CLI - Get Free Report) last announced its earnings results on Friday, March 13th. The company reported GBX (12.60) EPS for the quarter. CLS had a negative net margin of 36.01% and a negative return on equity of 6.67%. As a group, analysts anticipate that CLS Holdings plc will post 10.0104167 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank lifted their price target on shares of CLS from GBX 70 to GBX 80 and gave the company a "buy" rating in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, CLS currently has a consensus rating of "Moderate Buy" and an average price target of GBX 75.
Read Our Latest Stock Analysis on CLS
About CLS
(
Get Free Report)
We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants' businesses to grow.
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