FDM Group (LON:FDM) Sets New 12-Month Low - What's Next?

Key Points

• Shares of FDM Group hit a new 52-week low, trading as low as GBX 99.30 and last at GBX 101.91, down about 3.4% on the day with 380,045 shares changing hands.
• Analyst sentiment is mixed but the consensus is a Moderate Buy with an average price target of GBX 145, despite recent target cuts from Deutsche Bank (GBX 160) and Stifel (GBX 130).
• Fundamentals show a small market cap (£111.43m) and a P/E of 7.23; the company reported quarterly EPS of GBX 10 with a net margin of 3.19% and ROE of 10.20%.

Shares of FDM Group (Holdings) plc (LON:FDM - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 99.30 and last traded at GBX 101.91, with a volume of 380045 shares. The stock had previously closed at GBX 105.53.

Wall Street Analysts Forecast Growth

FDM has been the topic of a number of research reports. Shore Capital Group restated a "house stock" rating on shares of FDM Group in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft decreased their price objective 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, Stifel Nicolaus cut their target price on FDM Group from GBX 174 to GBX 130 and set a "hold" rating on the stock in a research note on Thursday, March 19th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 145.

FDM Group Trading Down 3.4%

The company has a debt-to-equity ratio of 38.18, a current ratio of 2.48 and a quick ratio of 2.24. The business's 50-day moving average is GBX 139.46 and its two-hundred day moving average is GBX 134.70. The firm has a market cap of £111.43 million, a P/E ratio of 7.23 and a beta of 0.89.

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

FDM Group Company Profile

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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