FirstGroup (LON:FGP) Hits New 12-Month High - Here's Why

FirstGroup plc (LON:FGP - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 206.80 ($2.80) and last traded at GBX 206 ($2.79), with a volume of 3073904 shares changing hands. The stock had previously closed at GBX 193.80 ($2.63).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 215 ($2.91) price objective on shares of FirstGroup in a research report on Tuesday, April 22nd.

FirstGroup Trading Up 12.1%

The firm has a market cap of £1.28 billion, a price-to-earnings ratio of -101.48, a PEG ratio of 5.21 and a beta of 1.59. The business has a fifty day moving average of GBX 175.25 and a two-hundred day moving average of GBX 167.36. The company has a debt-to-equity ratio of 257.49, a quick ratio of 0.74 and a current ratio of 0.69.

FirstGroup (LON:FGP - Get Free Report) last released its quarterly earnings results on Tuesday, June 10th. The transport operator reported GBX 19.40 ($0.26) earnings per share for the quarter. FirstGroup had a negative return on equity of 2.54% and a negative net margin of 0.34%. As a group, equities analysts expect that FirstGroup plc will post 17.3782772 earnings per share for the current fiscal year.

About FirstGroup

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.