Insider Buying: Paragon Banking Group (LON:PAG) Insider Buys 1,869 Shares of Stock

Key Points

• Insider buy: Director Zoe Howorth purchased 1,869 shares on March 6 at GBX 798 per share, a transaction valued at £14,914.62.
• Paragon trades near GBX 785.50 with a market cap of £1.48 billion and a low P/E of 8.94; latest quarterly EPS was GBX 91.20, with a 12‑month range of GBX 650.50–981.00.
• Analyst sentiment is positive—four Buys and one Hold give a consensus "Moderate Buy" and a target of GBX 1,028.20—and the board has announced a stock buyback plan.

Paragon Banking Group PLC (LON:PAG - Get Free Report) insider Zoe Howorth bought 1,869 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of GBX 798 per share, with a total value of £14,914.62.

Paragon Banking Group Stock Down 0.1%

PAG traded down GBX 1 during trading on Friday, reaching GBX 785.50. 308,882 shares of the stock were exchanged, compared to its average volume of 992,876. The company has a debt-to-equity ratio of 120.17, a quick ratio of 1.48 and a current ratio of 0.28. The stock's 50 day moving average price is GBX 867.90 and its two-hundred day moving average price is GBX 856.61. Paragon Banking Group PLC has a twelve month low of GBX 650.50 and a twelve month high of GBX 981. The stock has a market cap of £1.48 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 0.50 and a beta of 1.17.

Paragon Banking Group (LON:PAG - Get Free Report) last announced its quarterly earnings results on Friday, January 16th. The company reported GBX 91.20 EPS for the quarter. Paragon Banking Group had a net margin of 21.40% and a return on equity of 12.75%. Equities analysts expect that Paragon Banking Group PLC will post 104.0245566 EPS for the current year.

Paragon Banking Group announced that its Board of Directors has initiated a stock buyback plan on Wednesday, December 3rd that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PAG. Shore Capital Group raised their price objective on Paragon Banking Group from GBX 1,040 to GBX 1,055 and gave the company a "buy" rating in a research report on Tuesday, January 27th. UBS Group restated a "buy" rating and issued a GBX 1,020 price target on shares of Paragon Banking Group in a research note on Friday, January 16th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 1,050 price target on shares of Paragon Banking Group in a report on Wednesday, January 28th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,028.20.

Paragon Banking Group Company Profile

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people. Its operations are organised into two lending divisions and lending is funded largely by retail deposits.

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