Genuit Group (LON:GEN) Trading Down 0.5% - Should You Sell?

Key Points

• Genuit Group's stock price declined by 0.5% on Wednesday, closing at GBX 338.22 ($4.55) amid a trading volume drop of 42% compared to its average.
• Analysts have a positive outlook for Genuit Group, with several firms raising their price targets, resulting in a consensus "Buy" rating and an average target of GBX 507.
• The company reported earnings per share of GBX 11.60 for the last quarter and is projected to post annual earnings of approximately GBX 27.68.

Genuit Group plc (LON:GEN - Get Free Report)'s stock price traded down 0.5% on Wednesday . The company traded as low as GBX 335.50 ($4.51) and last traded at GBX 338.22 ($4.55). 720,110 shares were traded during trading, a decline of 42% from the average session volume of 1,237,155 shares. The stock had previously closed at GBX 340 ($4.57).

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Jefferies Financial Group upped their target price on Genuit Group from GBX 501 to GBX 508 and gave the company a "buy" rating in a research report on Tuesday, September 2nd. JPMorgan Chase & Co. upgraded Genuit Group to an "overweight" rating and upped their target price for the company from GBX 450 to GBX 490 in a research report on Wednesday, July 9th. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 505 target price on shares of Genuit Group in a research report on Wednesday, September 3rd. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 525 price target on shares of Genuit Group in a report on Monday, September 1st. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, Genuit Group currently has a consensus rating of "Buy" and a consensus price target of GBX 507.

Genuit Group Price Performance

The business has a fifty day moving average price of GBX 364.53 and a 200 day moving average price of GBX 373.37. The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47. The company has a market cap of £840.68 million, a price-to-earnings ratio of 1,743.39, a PEG ratio of 3.23 and a beta of 1.28.

Genuit Group (LON:GEN - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported GBX 11.60 earnings per share (EPS) for the quarter. Genuit Group had a return on equity of 3.74% and a net margin of 4.26%. As a group, research analysts anticipate that Genuit Group plc will post 27.6836158 earnings per share for the current year.

Genuit Group Company Profile

Genuit Group plc is the UK's largest provider of sustainable water, climate and ventilation products for the built environment. Genuit's solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets. The Group is divided into three Business Units, each of which addresses specific challenges in the built environment: - Climate Management Solutions - Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.

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