FDM Group (LON:FDM) Hits New 1-Year Low - What's Next?

Key Points

• FDM Group shares hit a new 52-week low, trading as low as GBX 94.50 and last at GBX 96.81 on heavy volume of 540,609 shares.
• Analysts have trimmed targets (Stifel to GBX 130, Deutsche Bank to GBX 160) but the MarketBeat consensus remains a Moderate Buy with a target of GBX 145.
• Key fundamentals: market cap £105.85m, P/E ~18.6, solid liquidity (current ratio 2.48, quick ratio 2.24), and recent quarterly EPS of GBX 10 with a net margin of 3.19%.

FDM Group (Holdings) plc (LON:FDM - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as GBX 94.50 and last traded at GBX 96.81, with a volume of 540609 shares changing hands. The stock had previously closed at GBX 96.87.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Stifel Nicolaus lowered their target price on FDM Group from GBX 174 to GBX 130 and set a "hold" rating for the company in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft lowered their target price on FDM Group from GBX 180 to GBX 160 and set a "buy" rating for the company in a report on Thursday, March 19th. Finally, Shore Capital Group restated a "house stock" rating on shares of FDM Group in a report on Wednesday, January 28th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 145.

FDM Group Stock Down 0.1%

The company has a debt-to-equity ratio of 38.18, a quick ratio of 2.24 and a current ratio of 2.48. The company has a market cap of £105.85 million, a price-to-earnings ratio of 18.62 and a beta of 1.06. The business has a 50-day simple moving average of GBX 129.96 and a 200-day simple moving average of GBX 133.09.

FDM Group (LON:FDM - Get Free Report) last posted its quarterly earnings results on Wednesday, March 18th. The company reported GBX 10 earnings per share (EPS) for the quarter. FDM Group had a return on equity of 10.20% and a net margin of 3.19%. On average, equities analysts anticipate that FDM Group will post 3132.5302111 earnings per share for the current fiscal year.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.

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