Key Points
- Insider purchase: CLS Holdings director Patrick Symons bought 319 shares at GBX 47 each, for a total investment of £149.93.
- Financial position: CLS shares opened at GBX 47, near the lower end of their 52-week range. The company reported GBX 2.70 quarterly EPS but continues to post negative net margins and return on equity, alongside high leverage.
- Analyst view: Coverage is mixed, with Berenberg maintaining a “buy” rating and Peel Hunt rating the stock “reduce.” The consensus rating is “Hold,” with an average target price of GBX 48.
CLS Holdings plc (LON:CLI - Get Free Report) insider Patrick Symons purchased 319 shares of the stock in a transaction on Wednesday, September 9th. The stock was acquired at an average cost of GBX 47 per share, with a total value of £149.93.
CLS Price Performance
Shares of CLI stock opened at GBX 47 on Friday. CLS Holdings plc has a fifty-two week low of GBX 45.30 and a fifty-two week high of GBX 63.70. The company has a debt-to-equity ratio of 128.45, a quick ratio of 0.59 and a current ratio of 0.26. The firm has a market capitalization of £188.69 million, a price-to-earnings ratio of -1.96 and a beta of 1.01. The stock's 50-day simple moving average is GBX 48.78 and its 200-day simple moving average is GBX 49.76.
CLS (LON:CLI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported GBX 2.70 EPS for the quarter. CLS had a negative net margin of 72.29% and a negative return on equity of 13.63%. As a group, equities analysts forecast that CLS Holdings plc will post 10.0104167 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the stock. Berenberg Bank decreased their price target on shares of CLS from GBX 58 to GBX 51 and set a "buy" rating for the company in a report on Wednesday, August 12th. Peel Hunt reissued a "reduce" rating and issued a GBX 45 target price on shares of CLS in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of GBX 48.
Get Our Latest Stock Report on CLI
About CLS
(
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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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