Key Points
- Insider Rosie Shapland bought 9,000 shares of Workspace Group on December 16 at an average price of GBX 383 per share, a purchase totalling £34,470.
- Workspace reported a quarterly EPS of GBX (37), a negative net margin of 104.45% and negative ROE of 12.20%, with the stock trading around GBX 388 and a market cap of £746.08m.
- Four analysts rate the stock a "Buy" with an average price target of GBX 468.25, although several firms recently trimmed targets (e.g., GBX 480–500 down from higher levels).
Workspace Group Plc (LON:WKP - Get Free Report) insider Rosie Shapland bought 9,000 shares of the business's stock in a transaction dated Tuesday, December 16th. The shares were purchased at an average cost of GBX 383 per share, with a total value of £34,470.
Workspace Group Stock Performance
WKP opened at GBX 388 on Thursday. The firm has a fifty day moving average price of GBX 394.58 and a 200 day moving average price of GBX 400.83. Workspace Group Plc has a 1 year low of GBX 359.50 and a 1 year high of GBX 511. The stock has a market cap of £746.08 million, a P/E ratio of -9.82, a P/E/G ratio of 1.54 and a beta of 1.04. The company has a debt-to-equity ratio of 57.43, a current ratio of 1.23 and a quick ratio of 0.11.
Workspace Group (LON:WKP - Get Free Report) last released its quarterly earnings results on Wednesday, November 19th. The company reported GBX (37) EPS for the quarter. Workspace Group had a negative net margin of 104.45% and a negative return on equity of 12.20%. Equities research analysts anticipate that Workspace Group Plc will post 36.7630058 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on WKP shares. Peel Hunt restated a "buy" rating and issued a GBX 500 price target on shares of Workspace Group in a research note on Thursday, October 16th. Berenberg Bank restated a "buy" rating and issued a GBX 403 price objective on shares of Workspace Group in a research report on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft reduced their target price on Workspace Group from GBX 520 to GBX 480 and set a "buy" rating for the company in a research note on Friday, December 5th. Finally, Jefferies Financial Group decreased their target price on Workspace Group from GBX 516 to GBX 490 and set a "buy" rating on the stock in a research report on Thursday, November 20th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and an average price target of GBX 468.25.
View Our Latest Stock Report on Workspace Group
Workspace Group Company Profile
(
Get Free Report)
Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more.
Further Reading
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