PageGroup (LON:PAGE) Sets New 52-Week Low - Here's Why

Key Points

• PageGroup plc shares reached a new 52-week low, trading at GBX 220.40 ($3.00) during Tuesday's trading, indicating a decline from their previous close of GBX 228.20 ($3.10).
• Despite the downturn, analysts maintain mixed ratings on the stock, with a consensus rating of "Moderate Buy" and a price target average of GBX 352.50.
• The company's current market cap is £696.91 million with significant financial metrics including a high price-to-earnings ratio of 6,011.35.

Shares of PageGroup plc (LON:PAGE - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 220.40 ($3.00) and last traded at GBX 221.60 ($3.01), with a volume of 377504 shares. The stock had previously closed at GBX 228.20 ($3.10).

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on PAGE shares. Jefferies Financial Group dropped their target price on shares of PageGroup from GBX 275 to GBX 255 and set a "hold" rating for the company in a research note on Thursday, September 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 450 price target on shares of PageGroup in a research report on Friday, July 11th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, PageGroup currently has an average rating of "Moderate Buy" and a consensus price target of GBX 352.50.

PageGroup Trading Down 2.5%

The company's fifty day moving average is GBX 256.81 and its two-hundred day moving average is GBX 271.88. 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 company has a market cap of £696.91 million, a price-to-earnings ratio of 6,011.35, a P/E/G ratio of 0.98 and a beta of 1.11.

PageGroup Company Profile

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.

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