James Fisher and Sons (LON:FSJ) Stock Price Up 7.1% - Still a Buy?

Key Points

• James Fisher and Sons plc stock surged by 7.1% during trading, with a last traded price of GBX 349 ($4.72), indicating a significant increase in volume compared to average trading sessions.
• Analysts maintain a "buy" rating for the stock, with Canaccord Genuity setting a price target of GBX 400, while the consensus target is set at GBX 387.50.
• The company reported a loss with a negative net margin of 10.44% and a return on equity of -33.24%, raising concerns about its current financial health.

James Fisher and Sons plc (LON:FSJ - Get Free Report) traded up 7.1% during trading on Thursday . The stock traded as high as GBX 362 ($4.90) and last traded at GBX 349 ($4.72). 206,242 shares changed hands during mid-day trading, an increase of 549% from the average session volume of 31,796 shares. The stock had previously closed at GBX 326 ($4.41).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 400 price target on shares of James Fisher and Sons in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of GBX 387.50.

James Fisher and Sons Stock Up 0.1%

The firm's fifty day moving average is GBX 343.78 and its two-hundred day moving average is GBX 327.80. The firm has a market cap of £176.67 million, a price-to-earnings ratio of 389.41 and a beta of 0.64. The company has a debt-to-equity ratio of 185.53, a current ratio of 0.77 and a quick ratio of 1.12.

James Fisher and Sons (LON:FSJ - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The company reported GBX 0.80 EPS for the quarter. James Fisher and Sons had a negative net margin of 10.44% and a negative return on equity of 33.24%. On average, sell-side analysts expect that James Fisher and Sons plc will post 20 EPS for the current fiscal year.

James Fisher and Sons Company Profile

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