LSL Property Services (LON:LSL) Insider Adam Castleton Acquires 59 Shares of Company Stock

Key Points

• Insider buying: LSL Property Services insider Adam Castleton purchased 59 shares at GBX 253 each, worth £149.27, following a 56-share purchase in September.
• Stock performance: Shares rose 0.8% to GBX 257, with the company valued at approximately £249.42 million and trading between a 52-week range of GBX 204 to GBX 282.
• Analyst outlook: Analysts maintain a consensus “Buy” rating with an average price target of GBX 360.50, implying potential upside from the current share price.

LSL Property Services plc (LON:LSL - Get Free Report) insider Adam Castleton bought 59 shares of the business's stock in a transaction that occurred on Monday, October 5th. The shares were bought at an average price of GBX 253 per share, with a total value of £149.27.

Adam Castleton also recently made the following trade(s):

• On Monday, September 7th, Adam Castleton acquired 56 shares of LSL Property Services stock. The stock was acquired at an average price of GBX 270 per share, with a total value of £151.20.

LSL Property Services Stock Up 0.8%

Shares of LON:LSL traded up GBX 2 during trading on Wednesday, hitting GBX 257. 112,646 shares of the company were exchanged, compared to its average volume of 205,592. The company has a current ratio of 2.60, a quick ratio of 1.05 and a debt-to-equity ratio of 46.65. LSL Property Services plc has a fifty-two week low of GBX 204 and a fifty-two week high of GBX 282. The firm has a fifty day moving average price of GBX 260.66 and a two-hundred day moving average price of GBX 234.54. The stock has a market cap of £249.42 million, a price-to-earnings ratio of 15.30, a P/E/G ratio of 1.49 and a beta of 0.44.

LSL Property Services (LON:LSL - Get Free Report) last released its earnings results on Tuesday, September 15th. The company reported GBX 11.90 EPS for the quarter. LSL Property Services had a net margin of 9.26% and a return on equity of 21.39%. As a group, research analysts anticipate that LSL Property Services plc will post 24.137931 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a "house stock" rating on shares of LSL Property Services in a report on Tuesday, September 15th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of GBX 360.50.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.