Key Points
- Insider buying: SIG director Simon Kesterton purchased 65,000 shares at GBX 9 each, worth £5,850, following purchases totaling 300,000 shares earlier in October.
- Stock and financial position: SIG shares opened at GBX 9.10, while the company reported negative quarterly EPS of GBX 1.90, a negative net margin, and high debt relative to equity.
- Analyst view: Ratings remain mixed—one Buy, two Holds, and one Sell—with a consensus “Hold” rating and an average price target of GBX 9.15.
SIG plc (LON:SHI - Get Free Report) insider Simon Kesterton purchased 65,000 shares of the business's stock in a transaction on Thursday, October 22nd. The stock was acquired at an average cost of GBX 9 per share, with a total value of £5,850.
Simon Kesterton also recently made the following trade(s):
- On Tuesday, October 13th, Simon Kesterton acquired 100,000 shares of SIG stock. The shares were acquired at an average price of GBX 9 per share, with a total value of £9,000.
- On Friday, October 2nd, Simon Kesterton acquired 200,000 shares of SIG stock. The stock was acquired at an average cost of GBX 9 per share, for a total transaction of £18,000.
SIG Stock Up 0.3%
LON SHI opened at GBX 9.10 on Friday. The company has a debt-to-equity ratio of 597.00, a current ratio of 1.36 and a quick ratio of 1.10. The company's 50 day simple moving average is GBX 9.25 and its 200 day simple moving average is GBX 8.66. SIG plc has a 12 month low of GBX 6.72 and a 12 month high of GBX 11. The company has a market capitalization of £105.18 million, a P/E ratio of -2.07, a PEG ratio of 1.29 and a beta of 0.65.
SIG (LON:SHI - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported GBX (1.90) EPS for the quarter. SIG had a negative net margin of 1.98% and a negative return on equity of 46.37%. Equities research analysts expect that SIG plc will post 4.19 earnings per share for the current fiscal year.
Analyst Ratings Changes
SHI has been the subject of a number of recent research reports. Jefferies Financial Group increased their price objective on SIG from GBX 8.90 to GBX 9.60 and gave the company a "hold" rating in a research 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 reaffirmed a "buy" rating and set a GBX 14 target price on shares of SIG in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, SIG presently has a consensus rating of "Hold" and an average price target of GBX 9.15.
Check Out Our Latest Research Report on SIG
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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