Insider Buying: Watches of Switzerland Group (LON:WOSG) Insider Buys 2,500 Shares of Stock

Key Points

  • Insider Chabi Nouri purchased 2,500 shares on Feb. 26 at GBX 515 each, a £12,875 transaction.
  • Analyst sentiment strengthened after Deutsche Bank raised its price target to GBX 550 with a "buy" rating; the stock has a consensus "Moderate Buy" and an average target of GBX 455.
  • The stock trades with a market capitalization of £1.18 billion and a P/E of 17.26, a 1‑year range of GBX 315–553, and a high debt‑to‑equity ratio of 109.69.

Watches of Switzerland Group plc (LON:WOSG - Get Free Report) insider Chabi Nouri bought 2,500 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The stock was purchased at an average price of GBX 515 per share, for a total transaction of £12,875.

Watches of Switzerland Group Stock Performance

LON WOSG opened at GBX 511 on Friday. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48. Watches of Switzerland Group plc has a 1-year low of GBX 315 and a 1-year high of GBX 553. The business has a 50 day simple moving average of GBX 492.79 and a two-hundred day simple moving average of GBX 429.38. The stock has a market capitalization of £1.18 billion, a PE ratio of 17.26, a P/E/G ratio of 1.56 and a beta of 2.17.

Watches of Switzerland Group (LON:WOSG - Get Free Report) last issued its quarterly earnings data on Thursday, December 4th. The company reported GBX 18.80 earnings per share (EPS) for the quarter. Watches of Switzerland Group had a return on equity of 11.38% and a net margin of 3.84%. On average, research analysts predict that Watches of Switzerland Group plc will post 42.739726 EPS for the current fiscal year.

Analysts Set New Price Targets




Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Watches of Switzerland Group from GBX 450 to GBX 550 and gave the company a "buy" rating in a research report on Friday, November 28th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 455.

Check Out Our Latest Analysis on WOSG

Watches of Switzerland Group Company Profile

(Get Free Report)

Established in 2007 the Watches of Switzerland Group is the UK's largest luxury watch retailer, operating in the UK and US comprising eight prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Deutsch & Deutsch (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America and the Caribbean.

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