FirstGroup (LON:FGP) Trading Up 12.1% - Still a Buy?

FirstGroup plc (LON:FGP - Get Free Report)'s stock price traded up 12.1% during trading on Tuesday . The company traded as high as GBX 219.80 ($2.97) and last traded at GBX 217.20 ($2.93). 6,579,389 shares were traded during mid-day trading, an increase of 120% from the average session volume of 2,986,402 shares. The stock had previously closed at GBX 193.80 ($2.62).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 215 ($2.90) price target on shares of FirstGroup in a research note on Tuesday, April 22nd.

FirstGroup Stock Up 0.3%

The stock has a market capitalization of £1.28 billion, a PE ratio of -101.76, a P/E/G ratio of 5.21 and a beta of 1.59. The firm has a 50 day moving average of GBX 176.52 and a two-hundred day moving average of GBX 167.71. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 257.49.

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

FirstGroup Company Profile

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.