FirstGroup plc (LON:FGP) Insider Ryan Mangold Buys 65 Shares

FirstGroup plc (LON:FGP) insider Ryan Mangold purchased 65 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The shares were acquired at an average cost of GBX 230 ($3.12) per share, with a total value of £149.50 ($202.63).

Ryan Mangold also recently made the following trade(s):

• On Thursday, July 10th, Ryan Mangold purchased 67 shares of FirstGroup stock. The shares were acquired at an average cost of GBX 223 ($3.02) per share, with a total value of £149.41 ($202.51).
• On Friday, June 13th, Ryan Mangold sold 950,000 shares of FirstGroup stock. The shares were sold at an average price of GBX 224 ($3.04), for a total value of £2,128,000 ($2,884,250.47).
• On Friday, June 13th, Ryan Mangold sold 50,000 shares of FirstGroup stock. The shares were sold at an average price of GBX 225 ($3.05), for a total value of £112,500 ($152,480.35).

FirstGroup Stock Performance

Shares of FGP opened at GBX 227 ($3.08) on Friday. The stock has a 50 day moving average of GBX 223.94 and a 200 day moving average of GBX 188.87. FirstGroup plc has a 12 month low of GBX 128.60 ($1.74) and a 12 month high of GBX 240.40 ($3.26). The company has a market capitalization of £1.33 billion, a price-to-earnings ratio of -106.06, a PEG ratio of 5.21 and a beta of 1.59. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 257.49.

FirstGroup (LON:FGP) last announced its quarterly earnings data on Tuesday, June 10th. The transport operator reported GBX 19.40 ($0.26) earnings per share for the quarter. FirstGroup had a negative return on equity of 2.54% and a negative net margin of 0.34%. As a group, sell-side analysts forecast that FirstGroup plc will post 17.3782772 earnings per share for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank increased their price target on FirstGroup from GBX 215 ($2.91) to GBX 240 ($3.25) and gave the company a “buy” rating in a research report on Monday, July 7th.

About FirstGroup

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.