Savills (LON:SVS) Reaches New 12-Month Low - Here's Why

Key Points

• Hit new 52-week low: Savills shares fell to GBX 812 (last GBX 813) on heavy volume (1,302,729 shares), trading well below its 50-day (GBX 994.72) and 200-day (GBX 991.06) moving averages.
• Analyst sentiment: The stock has an average "Buy" rating with an average target of GBX 1,180, and Shore Capital reaffirmed a Buy on March 12.
• Insider buying: Executives Stacey Cartwright and Nick Sanderson bought shares in March (at GBX 871 and GBX 835), with insiders acquiring 42,026 shares over the last three months and holding 1.62% of the stock.

Savills plc (LON:SVS - Get Free Report)'s share price reached a new 52-week low on Monday . The company traded as low as GBX 812 and last traded at GBX 813, with a volume of 1302729 shares. The stock had previously closed at GBX 828.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a "buy" rating on shares of Savills in a report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of GBX 1,180.

Savills Trading Down 1.8%

The stock's 50 day simple moving average is GBX 994.72 and its 200 day simple moving average is GBX 991.06. The company has a debt-to-equity ratio of 80.81, a quick ratio of 1.22 and a current ratio of 1.17. The firm has a market cap of £1.12 billion, a PE ratio of 21.52, a PEG ratio of 2.09 and a beta of 1.25.

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

Insider Buying and Selling at Savills

In other Savills news, insider Stacey Cartwright purchased 10,000 shares of the business's stock in a transaction on Friday, March 20th. The stock was acquired at an average cost of GBX 871 per share, for a total transaction of £87,100. Also, insider Nick Sanderson purchased 11,909 shares of the business's stock in a transaction on Tuesday, March 24th. The shares were acquired at an average price of GBX 835 per share, with a total value of £99,440.15. Over the last three months, insiders purchased 42,026 shares of company stock valued at $36,758,676. 1.62% of the stock is currently owned by corporate insiders.

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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