PageGroup (LON:PAGE) Reaches New 1-Year Low - Here's What Happened

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.

PageGroup plc (LON:PAGE - Get Free Report)'s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 220.40 ($2.97) and last traded at GBX 221.60 ($2.99), with a volume of 377504 shares changing hands. The stock had previously closed at GBX 228.20 ($3.07).

Analyst Ratings Changes

PAGE has been the subject of several research reports. Jefferies Financial Group reduced their target price on PageGroup from GBX 275 to GBX 255 and set a "hold" rating for the company in a report on Thursday, September 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 450 target price on shares of PageGroup in a report 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's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 352.50.

PageGroup Price Performance

The stock has a market cap of £694.34 million, a price-to-earnings ratio of 5,989.19, a PEG ratio of 0.98 and a beta of 1.11. The company has a 50-day moving average of GBX 253.34 and a 200-day moving average of GBX 269.89. The company has a debt-to-equity ratio of 40.35, a quick ratio of 1.77 and a current ratio of 1.60.

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.