Savills (LON:SVS) Hits New 1-Year High - Should You Buy?

Key Points

• Savills shares reached a new 52-week high of GBX 1,160 and last traded at GBX 1,132, giving the company a market capitalization of approximately £1.90 billion.
• Analysts remain positive: three analysts rate Savills a “Buy,” with a consensus price target of GBX 1,309.33; Berenberg and Deutsche Bank set targets of GBX 1,375 and GBX 1,343, respectively.
• The company reported quarterly EPS of GBX 17.90, while an insider sold 37,531 shares for approximately £384,317. Savills has a net margin of 2.50% and analysts expect full-year EPS of 76.15 pence.

Savills plc (LON:SVS - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday. The company traded as high as GBX 1,160 and last traded at GBX 1,132, with a volume of 52,077 shares. The stock had previously closed at GBX 1,140.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Berenberg Bank restated a "buy" rating and set a GBX 1,375 price target on shares of Savills in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 1,343 price objective on shares of Savills in a research note on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, Savills currently has an average rating of "Buy" and a consensus price target of GBX 1,309.33.

Savills Stock Performance

The company has a debt-to-equity ratio of 113.66, a current ratio of 1.11 and a quick ratio of 1.22. The firm has a fifty day moving average price of GBX 1,024.11 and a two-hundred day moving average price of GBX 945.83. The stock has a market capitalization of £1.90 billion, a PE ratio of 24.78, a P/E/G ratio of 2.09 and a beta of 1.27.

Savills (LON:SVS - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported GBX 17.90 earnings per share (EPS) for the quarter. Savills had a return on equity of 8.94% and a net margin of 2.50%. Research analysts expect that Savills plc will post 76.15 EPS for the current year.

Insider Transactions at Savills

In related news, insider Nick Sanderson sold 37,531 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of GBX 1,024, for a total value of £384,317.44. 1.75% of the stock is currently owned by company insiders.

Savills Company Profile

Founded in the UK in 1855, Savills is one of the world's leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East. Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.

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