Key Points
- Insider buying: Elaine Bucknor purchased 2,600 Currys shares at GBX 151 each, totaling £3,926, following a 1,000-share purchase in late August.
- Analyst sentiment remains positive: All four tracked analysts rate Currys a Buy, with an average price target of GBX 178.50 versus the stock’s recent price near GBX 151.70.
- Company performance: Currys reported quarterly earnings of GBX 13.40 per share and has a £1.55 billion market capitalization, with shares trading between GBX 116.70 and GBX 169.50 over the past year.
Currys plc (LON:CURY - Get Free Report) insider Elaine Bucknor acquired 2,600 shares of Currys stock in a transaction that occurred on Tuesday, September 8th. The shares were purchased at an average price of GBX 151 per share, for a total transaction of £3,926.
Elaine Bucknor also recently made the following trade(s):
- On Friday, August 28th, Elaine Bucknor bought 1,000 shares of Currys stock. The stock was purchased at an average cost of GBX 152 per share, with a total value of £1,520.
Currys Price Performance
Currys stock opened at GBX 151.70 on Thursday. 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 company has a market capitalization of £1.55 billion, a PE ratio of 10.46 and a beta of 1.25. Currys plc has a 12 month low of GBX 116.70 and a 12 month high of GBX 169.50. The stock has a 50-day moving average price of GBX 158.37 and a two-hundred day moving average price of GBX 147.08.
Currys (LON:CURY - Get Free Report) last announced its quarterly earnings results on Thursday, July 2nd. The company reported GBX 13.40 EPS for the quarter. Currys had a return on equity of 7.10% and a net margin of 1.78%. Analysts expect that Currys plc will post 9.5199569 EPS for the current year.
Currys announced that its board has approved a stock repurchase program 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 programs are often an indication that the company's board of directors believes its shares are undervalued.
Analysts Set New Price Targets
Several equities analysts have issued reports on CURY shares. Berenberg Bank restated a "buy" rating and issued a GBX 210 price target on shares of Currys in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 155 price objective on shares of Currys in a research note on Wednesday, May 20th. Citigroup increased their price objective on Currys from GBX 168 to GBX 184 and gave the company a "buy" rating in a report on Friday, July 3rd. Finally, Royal Bank Of Canada upgraded Currys to an "outperform" rating and reduced their price target for the company from GBX 180 to GBX 165 in a research report on Tuesday, June 16th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of GBX 178.50.
Get Our Latest Research Report on CURY
Currys Company Profile
(
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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