Experian (LON:EXPN) Stock Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• Experian shares moved above their 200-day moving average, reaching GBX 2,911.80 before last trading at GBX 2,821.17, with 2.39 million shares changing hands.
• Analysts remain broadly positive: six firms rate Experian a Buy, producing a consensus rating of “Buy” and an average price target of GBX 4,087.33.
• The company authorized an open-market share buyback, which may signal management believes the stock is undervalued, while insiders recently sold shares and collectively own 0.64% of the company.

Experian plc (LON:EXPN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,702.89 and traded as high as GBX 2,911.80. Experian shares last traded at GBX 2,821.17, with a volume of 2,394,912 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EXPN. Citigroup lowered shares of Experian to a "buy" rating in a research report on Monday, July 20th. Stifel Nicolaus reaffirmed a "buy" rating and issued a GBX 4,400 target price on shares of Experian in a report on Wednesday, May 20th. UBS Group reissued a "buy" rating and set a GBX 3,700 price target on shares of Experian in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on Experian from GBX 4,550 to GBX 4,000 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 4,000 price objective on shares of Experian in a research note on Friday, July 17th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Experian presently has an average rating of "Buy" and a consensus price target of GBX 4,087.33.

Experian Trading Down 4.1%

The stock has a market cap of £24.94 billion, a P/E ratio of 17.27, a P/E/G ratio of 2.48 and a beta of 0.84. The company has a current ratio of 0.85, a quick ratio of 0.76 and a debt-to-equity ratio of 100.36. The company has a 50-day moving average price of GBX 2,813.53 and a two-hundred day moving average price of GBX 2,702.89.

Experian declared that its board has initiated a share buyback plan on Wednesday, July 1st that allows the company to buyback $0.00 in shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Insider Transactions at Experian

In related news, insider Lloyd Pitchford sold 39,462 shares of Experian stock in a transaction dated Monday, June 8th. The shares were sold at an average price of GBX 2,621, for a total transaction of £1,034,299.02. Also, insider Brian Cassin sold 63,864 shares of the business's stock in a transaction dated Monday, June 8th. The shares were sold at an average price of GBX 2,624, for a total transaction of £1,675,791.36. Corporate insiders own 0.64% of the company's stock.

Experian Company Profile

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money. We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments. We invest in talented people and new advanced technologies to unlock the power of data and to innovate.

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