Next 15 Group (LON:NFG) Shares Down 0.5% - Here's Why

Key Points

• Next 15 Group shares fell 0.5% to GBX 328.50 in midday trading, with trading volume down 81% from the average daily level.
• All three covering analysts maintained a Buy rating, with price targets ranging from GBX 465 to GBX 510 and an average target of GBX 482.67.
• The company reported quarterly EPS of GBX 22, but continued to post a negative net margin of 5.44% and negative return on equity of 25.66%.

Next 15 Group plc (LON:NFG - Get Free Report)'s share price was down 0.5% during mid-day trading on Friday. The company traded as low as GBX 326 and last traded at GBX 328.50. Approximately 95,080 shares changed hands during trading, a decline of 81% from the average daily volume of 498,602 shares. The stock had previously closed at GBX 330.

Analyst Ratings Changes

Several research firms have recently commented on NFG. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 473 target price on shares of Next 15 Group in a research report on Friday, October 9th. Berenberg Bank reissued a "buy" rating and issued a GBX 510 price target on shares of Next 15 Group in a research note on Thursday, October 8th. Finally, Peel Hunt restated a "buy" rating and issued a GBX 465 price objective on shares of Next 15 Group in a report on Thursday, October 8th. Three research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of GBX 482.67.

Next 15 Group Trading Down 0.5%

The stock has a market cap of £336.15 million, a P/E ratio of -10.95 and a beta of 1.33. The stock's fifty day moving average price is GBX 317.13 and its 200 day moving average price is GBX 289.33.

Next 15 Group (LON:NFG - Get Free Report) last issued its quarterly earnings results on Thursday, October 8th. The company reported GBX 22 earnings per share (EPS) for the quarter. Next 15 Group had a negative net margin of 5.44% and a negative return on equity of 25.66%. As a group, sell-side analysts forecast that Next 15 Group plc will post 60.48 earnings per share for the current year.

About Next 15 Group

Next 15 is redefining the landscape of growth consultancy with The Next Network, a decentralised collective of specialist consultancies, agencies, product builders, and venture creators. Our network is built for agility, powered by data, technology, and artificial intelligence, and is driven by the profound expertise of top-tier professionals. With a focus on innovation and a commitment to sustainability, we help clients navigate the complexities of modern markets. The company's approach is underpinned by four pillars of excellence: Customer Insight, Customer Engagement, Customer Delivery, and Business Transformation.

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