Burberry Group plc (LON:BRBY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 967.32 ($13.15) and traded as high as GBX 1,242.50 ($16.89). Burberry Group shares last traded at GBX 1,204 ($16.36), with a volume of 2,004,892 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada reduced their price target on shares of Burberry Group from GBX 1,300 ($17.67) to GBX 1,200 ($16.31) and set an "outperform" rating for the company in a research report on Friday, March 28th.
View Our Latest Report on BRBY
Burberry Group Trading Up 0.5%
The firm has a market cap of £4.32 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 1.66 and a beta of 1.06. The business has a fifty day moving average of GBX 1,019.41 and a two-hundred day moving average of GBX 967.32. The company has a debt-to-equity ratio of 136.53, a quick ratio of 1.63 and a current ratio of 1.66.
Burberry Group (LON:BRBY - Get Free Report) last posted 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%. As a group, equities analysts expect that Burberry Group plc will post 32.6294821 earnings per share for the current fiscal year.
Insider Transactions at Burberry Group
In related news, insider Joshua Schulman purchased 29,744 shares of Burberry Group stock in a transaction that occurred on Friday, June 27th. The shares were purchased at an average cost of GBX 1,069 ($14.53) per share, with a total value of £317,963.36 ($432,132.86). Also, insider Kate Ferry bought 3,228 shares of Burberry Group stock in a transaction dated Friday, June 27th. The shares were purchased at an average cost of GBX 1,100 ($14.95) per share, for a total transaction of £35,508 ($48,257.68). 0.70% of the stock is currently owned by insiders.
Burberry Group Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Burberry Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burberry Group wasn't on the list.
While Burberry Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
