Key Points
- Insider Michael (Mike) McLaren bought 7,562 shares of FDM Group on June 2 at GBX 118 each, totaling about £8,923. This follows a larger purchase of 43,105 shares in April at GBX 116 per share.
- FDM Group shares were trading at GBX 113, below both the 50-day moving average of GBX 107.22 and the 200-day moving average of GBX 127.86. The company has a market cap of about £123.55 million and a 52-week range of GBX 94.50 to GBX 232.
- Analysts are mixed on the stock, with one Buy and one Hold rating, and a consensus target price of GBX 145. Deutsche Bank and Stifel Nicolaus both cut their targets earlier this year, while Shore Capital maintained a house stock rating.
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FDM Group (Holdings) plc (LON:FDM - Get Free Report) insider Michael (Mike) McLaren acquired 7,562 shares of the company's stock in a transaction that occurred on Tuesday, June 2nd. The shares were bought at an average cost of GBX 118 per share, for a total transaction of £8,923.16.
Michael (Mike) McLaren also recently made the following trade(s):
- On Tuesday, April 21st, Michael (Mike) McLaren acquired 43,105 shares of FDM Group stock. The shares were bought at an average cost of GBX 116 per share, for a total transaction of £50,001.80.
FDM Group Stock Performance
Shares of FDM opened at GBX 113 on Wednesday. The stock's 50-day simple moving average is GBX 107.22 and its 200 day simple moving average is GBX 127.86. The stock has a market capitalization of £123.55 million, a price-to-earnings ratio of 21.73 and a beta of 1.06. The company has a debt-to-equity ratio of 38.18, a quick ratio of 2.24 and a current ratio of 2.48. FDM Group has a 52-week low of GBX 94.50 and a 52-week high of GBX 232.
FDM Group (LON:FDM - Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The company reported GBX 10 earnings per share (EPS) for the quarter. FDM Group had a return on equity of 10.20% and a net margin of 3.19%. Research analysts forecast that FDM Group will post 3132.5302111 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have weighed in on FDM shares. Deutsche Bank Aktiengesellschaft decreased their target price on FDM Group from GBX 180 to GBX 160 and set a "buy" rating on the stock in a research note on Thursday, March 19th. Shore Capital Group restated a "house stock" rating on shares of FDM Group in a research note on Thursday, May 21st. Finally, Stifel Nicolaus decreased their target price on FDM Group from GBX 174 to GBX 130 and set a "hold" rating on the stock in a research note on Thursday, March 19th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 145.
Check Out Our Latest Stock Report on FDM
About FDM Group
(
Get Free Report)
FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.
Further Reading
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