Savills (LON:SVS) Hits New 1-Year Low - Here's What Happened

Key Points

• Savills shares hit a new 52-week low, trading as low as GBX 857.28 and last at GBX 859 on Friday, with about 8.48 million shares changing hands.
• Analysts maintain a Buy consensus on SVS with a consensus price target of GBX 1,180, and Shore Capital recently reiterated a Buy rating.
• Company insiders have been buying stock—Stacey Cartwright purchased 5,017 shares at GBX 933 and Marcus Sperber 2,500 at GBX 896—and insiders acquired 15,117 shares in the past 90 days, owning 1.62% of the company.

Shares of Savills plc (LON:SVS - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 857.28 and last traded at GBX 859, with a volume of 8483641 shares changing hands. The stock had previously closed at GBX 861.

Analyst Ratings Changes

Separately, Shore Capital Group restated a "buy" rating on shares of Savills in a report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Savills presently has a consensus rating of "Buy" and a consensus price target of GBX 1,180.

Savills Stock Performance

The firm has a market capitalization of £1.18 billion, a PE ratio of 22.80, a PEG ratio of 2.09 and a beta of 1.25. The stock's 50 day moving average price is GBX 1,019.95 and its two-hundred day moving average price is GBX 992.76. The company has a current ratio of 1.17, a quick ratio of 1.22 and a debt-to-equity ratio of 80.81.

Savills (LON:SVS - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The company reported GBX 77.20 earnings per share (EPS) for the quarter. Savills had a return on equity of 9.70% and a net margin of 2.78%. On average, equities analysts expect that Savills plc will post 76.1455526 earnings per share for the current year.

Insider Transactions at Savills

In other news, insider Stacey Cartwright purchased 5,017 shares of the firm's stock in a transaction on Friday, March 13th. The shares were bought at an average cost of GBX 933 per share, with a total value of £46,808.61. Also, insider Marcus Sperber purchased 2,500 shares of the stock in a transaction dated Wednesday, March 18th. The shares were purchased at an average price of GBX 896 per share, with a total value of £22,400. Insiders have acquired a total of 15,117 shares of company stock worth $13,949,661 in the last ninety days. Company insiders own 1.62% of the company's stock.

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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