Future (LON:FUTR) Stock Price Up 9.9% - Should You Buy?

Shares of Future plc (LON:FUTR - Get Free Report) were up 9.9% during mid-day trading on Tuesday . The company traded as high as GBX 736.50 ($9.80) and last traded at GBX 727.50 ($9.68). Approximately 5,957,146 shares traded hands during mid-day trading, an increase of 662% from the average daily volume of 782,237 shares. The stock had previously closed at GBX 662 ($8.81).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upgraded Future to a "hold" rating and set a GBX 733 ($9.75) price target on the stock in a research note on Tuesday, April 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of GBX 1,060 ($14.10).

Future Trading Down 0.6 %

The stock has a market cap of £778.53 million, a PE ratio of 9.21, a PEG ratio of 0.64 and a beta of 1.01. The company's fifty day moving average is GBX 830.65 and its 200-day moving average is GBX 896.11. The company has a debt-to-equity ratio of 31.50, a current ratio of 0.69 and a quick ratio of 0.60.

Future Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, February 11th. Shareholders of record on Thursday, January 16th were paid a dividend of GBX 3.40 ($0.05) per share. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 0.35%. Future's payout ratio is currently 3.84%.

Future Company Profile

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams