Key Points
- SIG insider Simon Kesterton purchased 100,000 shares at GBX 9 each, investing £9,000. This follows his purchase of 200,000 shares earlier in October at the same price.
- SIG shares opened at GBX 9, with a market capitalization of approximately £104 million and a 52-week trading range of GBX 6.72 to GBX 11. The company reported a quarterly loss of GBX 1.90 per share and negative profitability metrics.
- Analyst sentiment is mixed, resulting in a consensus “Hold” rating and an average price target of GBX 9.15; individual targets range from GBX 5 to GBX 14.
SIG plc (LON:SHI - Get Free Report) insider Simon Kesterton acquired 100,000 shares of SIG stock in a transaction dated Tuesday, October 13th. The stock was purchased at an average price of GBX 9 per share, for a total transaction of £9,000.
Simon Kesterton also recently made the following trade(s):
- On Friday, October 2nd, Simon Kesterton acquired 200,000 shares of SIG stock. The stock was acquired at an average price of GBX 9 per share, for a total transaction of £18,000.
SIG Price Performance
Shares of LON SHI opened at GBX 9 on Thursday. The company has a debt-to-equity ratio of 597.00, a quick ratio of 1.10 and a current ratio of 1.36. SIG plc has a fifty-two week low of GBX 6.72 and a fifty-two week high of GBX 11. The firm has a market capitalization of £104.02 million, a PE ratio of -2.05, a price-to-earnings-growth ratio of 1.29 and a beta of 0.68. The stock's 50-day simple moving average is GBX 9.20 and its 200-day simple moving average is GBX 8.64.
SIG (LON:SHI - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported GBX (1.90) earnings per share for the quarter. SIG had a negative return on equity of 46.37% and a negative net margin of 1.98%. As a group, equities research analysts forecast that SIG plc will post 4.19 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Jefferies Financial Group raised their price objective on shares of SIG from GBX 8.90 to GBX 9.60 and gave the stock a "hold" rating in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft restated a "sell" rating and issued a GBX 5 target price on shares of SIG in a report on Friday, August 7th. Finally, Peel Hunt restated a "buy" rating and issued a GBX 14 target price on shares of SIG in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of GBX 9.15.
Check Out Our Latest Stock Analysis on SHI
SIG Company Profile
(
Get Free Report)
SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets.
We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.
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