Key Points
- Insider purchase: Cheryl Millington bought 5,000 Hays shares on March 3 at GBX 39 each (total ~£1,950), indicating insider buying despite recent share weakness.
- Share performance: Hays is trading around GBX 39, down 3.1% and near its 1‑year low (GBX 38.06), trading below both its 50‑day (GBX 47.78) and 200‑day (GBX 54.19) moving averages.
- Analyst and financial backdrop: Deutsche Bank cut its target from GBX 100 to GBX 90 but kept a "buy," and the consensus is a "Moderate Buy" with an average target of GBX 81.20, while the company shows a negative P/E and slim margins signaling profitability challenges.
Hays plc (LON:HAS - Get Free Report) insider Cheryl Millington bought 5,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average price of GBX 39 per share, with a total value of £1,950.
Hays Stock Down 3.1%
Shares of LON HAS opened at GBX 39.08 on Friday. The company has a market capitalization of £624.81 million, a price-to-earnings ratio of -79.75, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87. The company has a debt-to-equity ratio of 65.55, a current ratio of 1.27 and a quick ratio of 1.31. The business has a 50-day moving average of GBX 47.78 and a two-hundred day moving average of GBX 54.19. Hays plc has a 1 year low of GBX 38.06 and a 1 year high of GBX 89.85.
Hays (LON:HAS - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The company reported GBX 0.46 EPS for the quarter. Hays had a negative return on equity of 2.24% and a negative net margin of 0.16%. On average, analysts forecast that Hays plc will post 4.0966184 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Hays from GBX 100 to GBX 90 and set a "buy" rating for the company in a report on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 81.20.
View Our Latest Stock Analysis on HAS
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