Frasers Group (LON:FRAS) Shares Up 0% - What's Next?

Key Points

• Frasers Group's stock (LON:FRAS) traded flat at GBX 685.76 ($9.26), with a significant decline in trading volume, dropping by 85% compared to the average session.
• Research analysts have a consensus rating of "Moderate Buy" for Frasers Group, with a target price set at GBX 1,100, despite Jefferies Financial Group recently lowering their target from GBX 1,200.
• The company reported a net margin of 6.95% for the last quarter and is projected to post earnings per share of approximately 87.06 for the current year.

Frasers Group Plc (LON:FRAS - Get Free Report) shares were up 0% on Thursday . The company traded as high as GBX 691.50 ($9.34) and last traded at GBX 685.76 ($9.26). Approximately 84,982 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 573,023 shares. The stock had previously closed at GBX 685.50 ($9.26).

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Jefferies Financial Group dropped their target price on Frasers Group from GBX 1,200 to GBX 1,100 and set a "buy" rating on the stock in a research report on Thursday, August 7th. Shore Capital reiterated a "hold" rating on shares of Frasers Group in a research report on Thursday, July 17th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of GBX 1,100.

Frasers Group Stock Down 1.3%

The company has a debt-to-equity ratio of 78.73, a quick ratio of 0.64 and a current ratio of 2.57. The firm has a market cap of £2.93 billion, a price-to-earnings ratio of 1,003.30, a PEG ratio of 0.30 and a beta of 1.86. The business's 50-day moving average is GBX 678.65 and its 200-day moving average is GBX 663.42.

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%. On average, equities analysts predict that Frasers Group Plc will post 87.0607029 EPS for the current year.

Frasers Group Company Profile

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.