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

Key Points

• New 52-week low: Savills shares fell to as low as GBX 812 (last GBX 815) on Thursday with about 635,832 shares traded, trading well below its 50‑day (GBX 956.45) and 200‑day (GBX 984.78) moving averages.
• Analysts still bullish: Shore Capital reiterated a "buy" and MarketBeat's consensus target is GBX 1,180, implying significant upside from current levels.
• Insiders buying: Company insiders recently purchased shares (e.g., Dana Roffman 5,000 at GBX 929; Marcus Sperber 2,500 at GBX 896) and insiders acquired 42,026 shares over the last three months, indicating insider confidence despite the price drop.

Savills plc (LON:SVS - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 812 and last traded at GBX 815, with a volume of 635832 shares trading hands. The stock had previously closed at GBX 856.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated 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.com, Savills currently has an average rating of "Buy" and a consensus target price of GBX 1,180.

Savills Price Performance

The stock's fifty day moving average price is GBX 956.45 and its two-hundred day moving average price is GBX 984.78. The firm has a market capitalization of £1.12 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 2.09 and a beta of 1.25. 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 announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 77.20 earnings per share for the quarter. Savills had a net margin of 2.78% and a return on equity of 9.70%. Equities research analysts expect that Savills plc will post 76.1455526 EPS for the current year.

Insider Activity

In related news, insider Dana Roffman purchased 5,000 shares of the business's stock in a transaction that occurred on Friday, March 13th. The shares were purchased at an average cost of GBX 929 per share, for a total transaction of £46,450. Also, insider Marcus Sperber purchased 2,500 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average price of GBX 896 per share, for a total transaction of £22,400. Insiders acquired 42,026 shares of company stock worth $36,758,676 over the last three months. Company insiders own 1.64% of the company's stock.

About Savills

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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