Key Points
- Insider buying: CLS director Patrick Symons purchased 354 shares at GBX 42 each, investing £148.68. He also bought 319 shares in September for £149.93.
- Weak financial profile: CLS shares opened at GBX 44, near their 12-month low of GBX 42, while the company reported a negative net margin of 72.29% and negative return on equity of 13.63%.
- Analyst outlook: Ratings are mixed, with one Buy and one Sell recommendation, resulting in a consensus “Hold” rating and a GBX 48 target price.
CLS Holdings plc (LON:CLI - Get Free Report) insider Patrick Symons purchased 354 shares of the business's stock in a transaction on Friday, October 9th. The stock was bought at an average cost of GBX 42 per share, for a total transaction of £148.68.
Patrick Symons also recently made the following trade(s):
- On Wednesday, September 9th, Patrick Symons purchased 319 shares of CLS stock. The stock was bought at an average price of GBX 47 per share, with a total value of £149.93.
CLS Stock Down 0.8%
Shares of CLI stock opened at GBX 44 on Wednesday. The firm has a fifty day moving average of GBX 46.13 and a 200-day moving average of GBX 47.88. The company has a quick ratio of 0.59, a current ratio of 0.26 and a debt-to-equity ratio of 128.45. CLS Holdings plc has a 12-month low of GBX 42 and a 12-month high of GBX 63.70. The company has a market capitalization of £176.65 million, a price-to-earnings ratio of -1.83 and a beta of 1.01.
CLS (LON:CLI - Get Free Report) last issued 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 research analysts predict that CLS Holdings plc will post 10.01 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. Peel Hunt reissued a "reduce" rating and issued a GBX 45 price target on shares of CLS in a research note on Tuesday, August 4th. Berenberg Bank reduced their price objective on CLS from GBX 58 to GBX 51 and set a "buy" rating for the company in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of GBX 48.
Check Out Our Latest 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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