LSL Property Services (LON:LSL) Sets New 12-Month Low - Should You Sell?

Key Points

• LSL Property Services plc hit a new 12-month low of GBX 250 ($3.37) during trading, with a significant trading volume of 73,644 shares.
• Several analysts have upgraded LSL shares to "buy," with Jefferies Financial Group raising its target price from GBX 280 to GBX 381, while Peel Hunt set a price objective of GBX 360.
• Company insider Adam Castleton purchased 3,328 shares at an average cost of GBX 297, and insiders own 20.43% of the stock, indicating confidence in the company’s future.

LSL Property Services plc (LON:LSL - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 250 ($3.37) and last traded at GBX 250 ($3.37), with a volume of 73644 shares traded. The stock had previously closed at GBX 258 ($3.48).

Wall Street Analyst Weigh In

A number of analysts recently weighed in on LSL shares. Jefferies Financial Group upgraded shares of LSL Property Services to a "buy" rating and raised their target price for the stock from GBX 280 to GBX 381 in a report on Thursday, September 18th. Peel Hunt reissued a "buy" rating and set a GBX 360 price objective on shares of LSL Property Services in a research note on Thursday, September 18th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 370.50.

LSL Property Services Price Performance

The company has a current ratio of 1.30, a quick ratio of 1.06 and a debt-to-equity ratio of 62.42. The stock has a 50-day simple moving average of GBX 275.85 and a 200 day simple moving average of GBX 284.54. The stock has a market capitalization of £254.53 million, a price-to-earnings ratio of 1,655.63, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09.

LSL Property Services (LON:LSL - Get Free Report) last posted its quarterly earnings results on Wednesday, September 17th. The company reported GBX 11 earnings per share (EPS) for the quarter. LSL Property Services had a net margin of 6.74% and a return on equity of 13.68%. On average, equities research analysts forecast that LSL Property Services plc will post 24.137931 EPS for the current fiscal year.

Insider Activity

In related news, insider Adam Castleton purchased 3,328 shares of the stock in a transaction dated Tuesday, July 29th. The shares were acquired at an average cost of GBX 297 per share, for a total transaction of £9,884.16. 20.43% of the stock is owned by company insiders.

About LSL Property Services

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.