Key Points
- Insider Mark Brooker bought 7,201 shares of Future at GBX 553 on December 12, a purchase totaling £39,821.53.
- The board authorized a share repurchase plan on December 4, and the company reported quarterly EPS of GBX 124.20 with a net margin of 11.69% and a P/E of 6.97.
- JPMorgan cut its target from GBX 1,280 to GBX 1,235 but maintained an "overweight" rating; MarketBeat shows a consensus rating of Moderate Buy with a consensus price target of GBX 984.
Future plc (LON:FUTR - Get Free Report) insider Mark Brooker bought 7,201 shares of the company's stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of GBX 553 per share, for a total transaction of £39,821.53.
Future Stock Down 1.7%
FUTR opened at GBX 528 on Tuesday. The business has a 50 day moving average of GBX 613.20 and a 200-day moving average of GBX 682.41. Future plc has a 1-year low of GBX 522.50 and a 1-year high of GBX 1,073. The company has a current ratio of 0.69, a quick ratio of 0.60 and a debt-to-equity ratio of 31.50. The stock has a market capitalization of £503.70 million, a price-to-earnings ratio of 6.97, a P/E/G ratio of 0.64 and a beta of 1.01.
Future (LON:FUTR - Get Free Report) last announced its quarterly earnings data on Thursday, December 4th. The company reported GBX 124.20 EPS for the quarter. Future had a net margin of 11.69% and a return on equity of 8.41%. As a group, sell-side analysts anticipate that Future plc will post 116.6270784 earnings per share for the current year.
Future announced that its board has authorized a share repurchase plan on Thursday, December 4th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. reduced their target price on shares of Future from GBX 1,280 to GBX 1,235 and set an "overweight" rating on the stock in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 984.
Check Out Our Latest Research Report on Future
About Future
(
Get Free Report)
Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
