Burberry Group (LON:BRBY) Hits New 12-Month High - What's Next?

Burberry Group plc (LON:BRBY - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,281 ($17.18) and last traded at GBX 1,264 ($16.96), with a volume of 585294 shares. The stock had previously closed at GBX 1,222.50 ($16.40).

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada dropped their target price on shares of Burberry Group from GBX 1,300 ($17.44) to GBX 1,200 ($16.10) and set an "outperform" rating on the stock in a research note on Friday, March 28th.

Burberry Group Stock Up 5.6%

The company has a debt-to-equity ratio of 136.53, a current ratio of 1.66 and a quick ratio of 1.63. The company's 50-day simple moving average is GBX 1,089.84 and its 200 day simple moving average is GBX 980.55. The firm has a market cap of £4.71 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06.

Burberry Group (LON:BRBY - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) earnings per share (EPS) for the quarter. Burberry Group had a net margin of 9.10% and a return on equity of 23.93%. Research analysts anticipate that Burberry Group plc will post 32.6294821 EPS for the current fiscal year.

Insider Activity

In other news, insider Kate Ferry acquired 3,228 shares of the business's stock in a transaction dated Friday, June 27th. The shares were purchased at an average price of GBX 1,100 ($14.76) per share, with a total value of £35,508 ($47,629.78). Also, insider Joshua Schulman acquired 29,744 shares of the business's stock in a transaction dated Friday, June 27th. The stock was purchased at an average cost of GBX 1,069 ($14.34) per share, for a total transaction of £317,963.36 ($426,510.21). Insiders own 0.70% of the company's stock.

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.