Frasers Group (LON:FRAS) Stock Price Up 1% - Still a Buy?

Key Points

• Frasers Group shares rose 1% to GBX 799 in Monday trading, though volume was significantly below average.
• Analyst sentiment is mixed: Jefferies reiterated a Buy rating with a GBX 1,100 target, while RBC rated the stock Underperform and Shore Capital maintained Hold. The consensus rating is Hold, with an average target of GBX 866.67.
• The company reported quarterly earnings of GBX 79.20 per share, with a 15.67% return on equity and a 7.04% net margin; analysts expect full-year EPS of approximately GBX 87.06.

Frasers Group Plc (LON:FRAS - Get Free Report)'s stock price traded up 1% during trading on Monday . The company traded as high as GBX 801.50 and last traded at GBX 799. 188,556 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 1,023,255 shares. The stock had previously closed at GBX 791.

Analyst Ratings Changes

FRAS has been the subject of a number of analyst reports. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 1,100 target price on shares of Frasers Group in a research note on Thursday, July 2nd. Royal Bank Of Canada increased their price target on shares of Frasers Group from GBX 720 to GBX 750 and gave the stock an "underperform" rating in a research note on Tuesday, June 16th. Finally, Shore Capital Group restated a "hold" rating and set a GBX 750 price target on shares of Frasers Group in a report on Friday, July 24th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Frasers Group presently has an average rating of "Hold" and a consensus price target of GBX 866.67.

Frasers Group Stock Performance

The company has a current ratio of 1.80, a quick ratio of 0.64 and a debt-to-equity ratio of 104.42. The firm has a market cap of £3.43 billion, a price-to-earnings ratio of 9.22, a price-to-earnings-growth ratio of 0.30 and a beta of 1.24. The stock has a fifty day moving average price of GBX 792.02 and a 200 day moving average price of GBX 729.02.

Frasers Group (LON:FRAS - Get Free Report) last posted its earnings results on Thursday, July 16th. The company reported GBX 79.20 earnings per share for the quarter. Frasers Group had a return on equity of 15.67% and a net margin of 7.04%. As a group, analysts predict that Frasers Group Plc will post 87.0607029 earnings per share for the current year.

Frasers Group Company Profile

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.

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