OSB Group (LON:OSB) Sets New 1-Year Low - Time to Sell?

Key Points

• OSB Group shares fell to a new 52-week low of GBX 478.36, last trading at GBX 480.40, down 1.0% on the day. The stock’s market capitalization is approximately £1.63 billion, with a P/E ratio of 6.44.
• Despite the share-price weakness, analysts maintain a generally positive outlook: OSB has a consensus “Moderate Buy” rating and an average price target of GBX 665.80, well above its recent trading level.
• Recent insider activity was mixed, with one insider buying 10,000 shares for £50,500 while another sold 212,494 shares for approximately £1.08 million. The company most recently reported quarterly EPS of GBX 38.80 and a 15.38% net margin.

OSB Group Plc (LON:OSB - Get Free Report)'s share price hit a new 52-week low on Thursday. The company traded as low as GBX 478.36 and last traded at GBX 480.40, with a volume of 222369 shares changing hands. The stock had previously closed at GBX 485.40.

Wall Street Analysts Forecast Growth

OSB has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reduced their target price on shares of OSB Group from GBX 660 to GBX 615 and set a "hold" rating on the stock in a report on Friday, August 21st. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 750 target price on shares of OSB Group in a research report on Tuesday, September 1st. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 720 price target on shares of OSB Group in a research note on Wednesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, OSB Group currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 665.80.

OSB Group Stock Down 1.0%

The company has a market cap of £1.63 billion, a PE ratio of 6.44 and a beta of 1.05. The firm has a 50 day simple moving average of GBX 514.44 and a 200-day simple moving average of GBX 523.39.

OSB Group (LON:OSB - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported GBX 38.80 EPS for the quarter. OSB Group had a net margin of 15.38% and a return on equity of 13.06%. As a group, equities analysts anticipate that OSB Group Plc will post 85.1214128 EPS for the current year.

Insider Activity

In related news, insider Simon Walker bought 10,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of GBX 505 per share, for a total transaction of £50,500. Also, insider Enrique Alvarez Labiano sold 212,494 shares of the business's stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of GBX 507, for a total transaction of £1,077,344.58. Corporate insiders own 0.63% of the company's stock.

About OSB Group

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services. The company also provides buy-to-let and specialist residential mortgages, mortgage servicing, administration and analytical, mortgage originator and servicer, and retail savings products; and back office processing services.

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