Free Trial

STV Group's (STVG) "House Stock" Rating Reaffirmed at Shore Capital

STV Group logo with Communication Services background

Key Points

  • Shore Capital has reaffirmed its "house stock" rating for STV Group (LON:STVG), suggesting confidence in the company's market position.
  • STV Group's stock performance reflects significant volatility, with a 12-month low of GBX 107 and a high of GBX 250, while currently trading around GBX 116.90.
  • Inside trading activity showed that Colin Robert Jones, an insider, purchased 25,000 shares at an average cost of GBX 110, indicating potential confidence in the company's future.
  • MarketBeat previews the top five stocks to own by October 1st.

STV Group (LON:STVG - Get Free Report)'s stock had its "house stock" rating restated by equities research analysts at Shore Capital in a note issued to investors on Thursday,Digital Look reports.

STV Group Price Performance

Shares of STV Group stock opened at GBX 116.90 on Thursday. STV Group has a twelve month low of GBX 107 and a twelve month high of GBX 250. The business has a 50-day moving average price of GBX 130.94 and a 200 day moving average price of GBX 156.35. The company has a quick ratio of 1.09, a current ratio of 1.51 and a debt-to-equity ratio of -14,440.00. The firm has a market cap of £53.41 million, a PE ratio of 499.57 and a beta of 0.09.

STV Group (LON:STVG - Get Free Report) last posted its quarterly earnings data on Thursday, September 25th. The company reported GBX 7.10 EPS for the quarter. STV Group had a negative return on equity of 172.50% and a net margin of 3.76%. Sell-side analysts predict that STV Group will post 30.3860523 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Colin Robert Jones purchased 25,000 shares of the company's stock in a transaction dated Thursday, September 25th. The stock was acquired at an average cost of GBX 110 per share, for a total transaction of £27,500. 2.25% of the stock is owned by company insiders.

STV Group Company Profile

(Get Free Report)

STV's exciting vision is to become Scotland's leading platform for audiences and advertisers and a global content powerhouse. On-air, STV reaches more than two in three Scottish adults every month through its TV channel and streaming service, STV Player. It will soon expand its audience even further by launching an audio division and a major new Scotland-focused commercial radio station.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in STV Group Right Now?

Before you consider STV Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and STV Group wasn't on the list.

While STV Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.