Key Points
- Insider Ivana Kirkbride bought 1,000 shares of Future plc on February 4 at an average price of GBX 518, a transaction worth £5,180.
- Future shares opened at GBX 516 (down 1.7%), the company has a market cap of £481.64m and a P/E of 8.31, with last quarter EPS of GBX 124.20.
- The board has initiated a stock repurchase program, while JPMorgan cut its target from GBX 1,280 to GBX 1,235 but kept an "overweight" rating; consensus is a "Moderate Buy" with a target of GBX 984.
Future plc (LON:FUTR - Get Free Report) insider Ivana Kirkbride bought 1,000 shares of the stock in a transaction dated Wednesday, February 4th. The shares were bought at an average cost of GBX 518 per share, with a total value of £5,180.
Future Trading Down 1.7%
Shares of FUTR opened at GBX 516 on Friday. The firm has a market capitalization of £481.64 million, a price-to-earnings ratio of 8.31, a PEG ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 31.50, a current ratio of 0.69 and a quick ratio of 0.60. Future plc has a 1-year low of GBX 488.40 and a 1-year high of GBX 1,073. The company has a 50-day moving average of GBX 540.31 and a 200 day moving average of GBX 632.25.
Future (LON:FUTR - Get Free Report) last issued its earnings results 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%. On average, research analysts expect that Future plc will post 116.6270784 EPS for the current year.
Future declared that its Board of Directors has initiated a stock repurchase program on Thursday, December 4th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. decreased their target price on Future from GBX 1,280 to GBX 1,235 and set an "overweight" rating for the company in a research report on Friday, December 5th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Future presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 984.
Check Out Our Latest Research Report on FUTR
Future Company Profile
(
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Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams
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