Frasers Group (LON:FRAS) Insider Acquires £105,600 in Stock

Frasers Group Plc (LON:FRAS) insider Andy Lyon purchased 15,000 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was purchased at an average cost of GBX 704 per share, for a total transaction of £105,600.

Frasers Group Stock Down 1.1%

FRAS opened at GBX 696.50 on Monday. Frasers Group Plc has a 52 week low of GBX 534 and a 52 week high of GBX 834.50. The stock has a market cap of £3.02 billion, a PE ratio of 1,031.85, a P/E/G ratio of 0.30 and a beta of 1.86. The business’s fifty day simple moving average is GBX 704.26 and its 200 day simple moving average is GBX 683.84. The company has a quick ratio of 0.64, a current ratio of 2.57 and a debt-to-equity ratio of 78.73.

Frasers Group (LON:FRAS) last announced its quarterly earnings data on Thursday, July 17th. The company reported GBX 98.10 earnings per share for the quarter. Frasers Group had a net margin of 6.95% and a return on equity of 21.74%. As a group, research analysts expect that Frasers Group Plc will post 87.0607029 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on FRAS. Jefferies Financial Group cut their target price on shares of Frasers Group from GBX 1,200 to GBX 1,100 and set a “buy” rating for the company in a research report on Thursday, August 7th. Shore Capital reiterated a “hold” rating on shares of Frasers Group in a research note on Thursday, July 17th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,100.

About Frasers Group

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing.