Frasers Group (LON:FRAS) Insider Andy Lyon Buys 15,000 Shares

Key Points

• Insider Andy Lyon purchased 15,000 shares of Frasers Group at an average price of GBX 704, totaling £105,600.
• The stock is currently trading at GBX 694.74, reflecting a 1.4% decline and a market capitalization of £3.01 billion.
• Analysts have a consensus rating of "Moderate Buy" with a price target of GBX 1,100, following a recent decrease from a previous target of GBX 1,200.

Frasers Group Plc (LON:FRAS - Get Free Report) insider Andy Lyon purchased 15,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 15th. The stock was bought at an average price of GBX 704 per share, with a total value of £105,600.

Frasers Group Trading Down 1.4%

LON:FRAS opened at GBX 694.74 on Friday. The company has a quick ratio of 0.64, a current ratio of 2.57 and a debt-to-equity ratio of 78.73. Frasers Group Plc has a 1-year low of GBX 534 and a 1-year high of GBX 834.50. The firm has a market capitalization of £3.01 billion, a price-to-earnings ratio of 1,029.24, a price-to-earnings-growth ratio of 0.30 and a beta of 1.86. The stock has a fifty day simple moving average of GBX 703.71 and a 200 day simple moving average of GBX 682.12.

Frasers Group (LON:FRAS - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The company reported GBX 98.10 earnings per share for the quarter. Frasers Group had a return on equity of 21.74% and a net margin of 6.95%. Sell-side analysts forecast that Frasers Group Plc will post 87.0607029 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FRAS. Shore Capital restated a "hold" rating on shares of Frasers Group in a research report on Thursday, July 17th. Jefferies Financial Group decreased their price objective on Frasers Group from GBX 1,200 to GBX 1,100 and set a "buy" rating for the company in a research report on Thursday, August 7th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,100.

About Frasers Group

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing.

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