Genuit Group (LON:GEN) Shares Down 1% - Should You Sell?

Key Points

• Genuit Group shares fell 1% to GBX 265.80 in mid-day trading, with volume 85% above the daily average. The stock remains below its 50-day and 200-day moving averages.
• Analysts remain broadly optimistic, with all five covering analysts rating the stock “Buy” and an average price target of GBX 439.20—well above the current price.
• The company reported quarterly EPS of GBX 10.50, a 5.60% net margin and 5.19% return on equity. Insider Bronagh Kennedy also purchased 9,050 shares at GBX 296 each.

Genuit Group plc (LON:GEN - Get Free Report)'s share price was down 1% during mid-day trading on Wednesday . The company traded as low as GBX 264 and last traded at GBX 265.80. Approximately 9,859,808 shares traded hands during trading, an increase of 85% from the average daily volume of 5,338,870 shares. The stock had previously closed at GBX 268.60.

Analysts Set New Price Targets

A number of research firms have issued reports on GEN. JPMorgan Chase & Co. raised their price target on shares of Genuit Group from GBX 440 to GBX 450 and gave the stock an "overweight" rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 440 price objective on shares of Genuit Group in a report on Wednesday, August 12th. Berenberg Bank reissued a "buy" rating and issued a GBX 440 target price on shares of Genuit Group in a research report on Wednesday, August 12th. Finally, Jefferies Financial Group raised their target price on Genuit Group from GBX 332 to GBX 366 and gave the stock a "buy" rating in a research note on Wednesday, August 12th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average target price of GBX 439.20.

Genuit Group Trading Down 1.0%

The company's fifty day moving average is GBX 274.10 and its two-hundred day moving average is GBX 275.33. The company has a debt-to-equity ratio of 36.63, a quick ratio of 1.07 and a current ratio of 1.46. The company has a market cap of £670.02 million, a price-to-earnings ratio of 19.84, a P/E/G ratio of 3.23 and a beta of 1.44.

Genuit Group (LON:GEN - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. Genuit Group had a net margin of 5.60% and a return on equity of 5.19%. On average, research analysts anticipate that Genuit Group plc will post 27.6836158 EPS for the current year.

Insider Activity

In other Genuit Group news, insider Bronagh Kennedy bought 9,050 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of GBX 296 per share, for a total transaction of £26,788. 4.23% of the stock is currently owned by company insiders.

Genuit Group Company Profile

Genuit Group plc is the UK's largest provider of sustainable water, climate and ventilation products for the built environment. Genuit's solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets. The Group is divided into three Business Units, each of which addresses specific challenges in the built environment: - Climate Management Solutions - Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.

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