Insider Selling: Hays (LON:HAS) Insider Sells 55,133 Shares of Stock

Key Points

• Hays insider Dirk Hahn sold 55,133 shares for a total of £31,977.14 at an average price of GBX 58 on September 16th, following previous acquisitions where he bought over 460,000 shares in August.
• Hays shares traded down 0.8% to GBX 54.84, with a market capitalization of £873.04 million and a price-to-earnings ratio of -11,192.24.
• Analysts have set a consensus target price of GBX 79 for Hays, with ratings varying from "Buy" to "Hold" reflecting mixed sentiments about the company’s stock performance.

Hays plc (LON:HAS - Get Free Report) insider Dirk Hahn sold 55,133 shares of the firm's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of GBX 58, for a total value of £31,977.14.

Dirk Hahn also recently made the following trade(s):

• On Thursday, August 28th, Dirk Hahn acquired 364,000 shares of Hays stock. The stock was acquired at an average cost of GBX 62 per share, for a total transaction of £225,680.
• On Friday, August 22nd, Dirk Hahn acquired 100,000 shares of Hays stock. The shares were bought at an average price of GBX 64 per share, with a total value of £64,000.
• On Friday, August 22nd, Dirk Hahn purchased 30,000 shares of Hays stock. The stock was acquired at an average price of GBX 64 per share, with a total value of £19,200.

Hays Trading Up 0.3%

Shares of LON HAS traded up GBX 0.15 during trading on Monday, hitting GBX 53.55. 2,319,141 shares of the company traded hands, compared to its average volume of 5,804,478. The company has a 50-day moving average price of GBX 61.90 and a 200-day moving average price of GBX 68.72. The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 43.81. Hays plc has a 1 year low of GBX 52.80 and a 1 year high of GBX 95.50. The firm has a market capitalization of £852.48 million, a P/E ratio of -10,928.57, a P/E/G ratio of 0.24 and a beta of 1.13.

Hays (LON:HAS - Get Free Report) last issued its earnings results on Thursday, August 21st. The company reported GBX 1.31 earnings per share (EPS) for the quarter. Hays had a negative net margin of 0.07% and a negative return on equity of 0.84%. On average, equities analysts predict that Hays plc will post 4.0966184 EPS for the current year.

Analysts Set New Price Targets

HAS has been the subject of a number of research analyst reports. Royal Bank Of Canada cut their target price on shares of Hays from GBX 100 to GBX 95 and set an "outperform" rating for the company in a research report on Friday, August 22nd. UBS Group reiterated a "neutral" rating and issued a GBX 70 target price on shares of Hays in a research report on Friday, August 15th. Citigroup cut their target price on shares of Hays from GBX 110 to GBX 90 and set a "buy" rating for the company in a research report on Thursday, August 28th. Finally, Jefferies Financial Group cut their target price on shares of Hays from GBX 85 to GBX 61 and set a "hold" rating for the company in a research report on Thursday, September 11th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Hays currently has an average rating of "Moderate Buy" and an average target price of GBX 79.

About Hays