Key Points
- Currys insider Elaine Bucknor purchased 1,000 shares at GBX 152 each, for a total investment of £1,520.
- Currys shares opened at GBX 154.90, with a market capitalization of approximately £1.58 billion and a 12-month trading range of GBX 116.70 to GBX 169.50.
- Analysts maintain a favorable outlook: all four covering analysts rate the stock “Buy,” with a consensus price target of GBX 178.50.
Currys plc (LON:CURY - Get Free Report) insider Elaine Bucknor purchased 1,000 shares of the company's stock in a transaction on Friday, August 28th. The shares were purchased at an average cost of GBX 152 per share, with a total value of £1,520.
Currys Price Performance
CURY opened at GBX 154.90 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.29 and a debt-to-equity ratio of 39.53. The stock has a market capitalization of £1.58 billion, a P/E ratio of 10.68 and a beta of 1.25. The stock has a 50-day moving average price of GBX 158.75 and a 200-day moving average price of GBX 147.14. Currys plc has a 12-month low of GBX 116.70 and a 12-month high of GBX 169.50.
Currys (LON:CURY - Get Free Report) last announced its quarterly earnings data on Thursday, July 2nd. The company reported GBX 13.40 earnings per share for the quarter. Currys had a return on equity of 7.10% and a net margin of 1.78%. Equities analysts predict that Currys plc will post 9.5199569 earnings per share for the current fiscal year.
Currys declared that its Board of Directors has approved a share repurchase plan on Thursday, July 2nd that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on CURY shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 155 price objective on shares of Currys in a report on Wednesday, May 20th. Royal Bank Of Canada upgraded shares of Currys to an "outperform" rating and decreased their target price for the stock from GBX 180 to GBX 165 in a research report on Tuesday, June 16th. Citigroup boosted their price target on shares of Currys from GBX 168 to GBX 184 and gave the stock a "buy" rating in a research note on Friday, July 3rd. Finally, Berenberg Bank restated a "buy" rating and set a GBX 210 price target on shares of Currys in a research report on Tuesday, July 14th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 178.50.
Read Our Latest Research Report on Currys
About Currys
(
Get Free Report)
Currys plc is a leading omnichannel retailer of technology products and services, operating online and through over 800
stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.
In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece. In each of
these markets we are the market leader, employing 28,000 capable and committed colleagues. Our full range of services
and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them,
throughout their lives.
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