PageGroup (LON:PAGE) Reaches New 12-Month Low - What's Next?

Key Points

• PageGroup's stock price reached a new 52-week low at GBX 219.60 ($2.96) during Monday's trading, indicating a significant drop from its previous close of GBX 221.60 ($2.99).
• Analysts have mixed opinions on PageGroup, with Jefferies Financial Group reducing their price target from GBX 275 to GBX 255 while Deutsche Bank maintains a "buy" rating with a price target of GBX 450.
• The company's market cap is currently £691.83 million, and it has a low price-to-earnings ratio of 5,967.57, reflecting potential investor concerns.

PageGroup plc (LON:PAGE - Get Free Report)'s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 219.60 ($2.97) and last traded at GBX 220.20 ($2.98), with a volume of 21489168 shares changing hands. The stock had previously closed at GBX 221.60 ($2.99).

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PAGE. Jefferies Financial Group lowered their price objective on PageGroup from GBX 275 to GBX 255 and set a "hold" rating on the stock in a research report on Thursday, September 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 450 price target on shares of PageGroup in a research note on Friday, July 11th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 352.50.

PageGroup Stock Performance

The company's fifty day simple moving average is GBX 252.27 and its two-hundred day simple moving average is GBX 268.26. The company has a debt-to-equity ratio of 40.35, a quick ratio of 1.77 and a current ratio of 1.60. The stock has a market capitalization of £687.45 million, a P/E ratio of 5,929.73, a PEG ratio of 0.98 and a beta of 1.11.

About PageGroup

PageGroup Changes Lives… That's our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines. As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve.