Hays (LON:HAS) Issues Earnings Results

Key Points

• Hays reported earnings of GBX 1.31 per share for the quarter, but experienced a negative net margin of 0.07% and a negative return on equity of 0.84%.
• The stock opened at GBX 62.55, showing a decline of 1.5%, and has a market capitalization of £986.45 million with an average price target of GBX 95 from analysts.
• Insider Michael Findlay purchased 34,382 shares at GBX 58 each, indicating confidence from company leadership amidst the current market conditions.

Hays (LON:HAS - Get Free Report) announced its earnings results on Thursday. The company reported GBX 1.31 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hays had a negative net margin of 0.07% and a negative return on equity of 0.84%.

Hays Stock Down 1.5%

Shares of LON HAS opened at GBX 62.55 on Thursday. The company has a market capitalization of £986.45 million, a P/E ratio of -200.66, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13. Hays has a 52-week low of GBX 55.70 and a 52-week high of GBX 99.20. The company has a debt-to-equity ratio of 43.81, a quick ratio of 1.31 and a current ratio of 1.32. The company's 50 day moving average price is GBX 66 and its 200-day moving average price is GBX 71.04.

Analysts Set New Price Targets

HAS has been the subject of several recent analyst reports. UBS Group reaffirmed a "neutral" rating and issued a GBX 70 target price on shares of Hays in a research note on Friday, August 15th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 100 target price on shares of Hays in a research report on Wednesday, July 9th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Hays currently has an average rating of "Moderate Buy" and a consensus price target of GBX 95.

Insider Activity

In related news, insider Michael Findlay purchased 34,382 shares of the firm's stock in a transaction on Thursday, June 19th. The stock was purchased at an average cost of GBX 58 per share, with a total value of £19,941.56. 0.54% of the stock is owned by insiders.

Hays Company Profile

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