Future (LON:FUTR) Trading Down 9.1% – Time to Sell?

Future plc (LON:FUTRGet Free Report)’s stock price fell 9.1% during trading on Tuesday . The stock traded as low as GBX 308 and last traded at GBX 309.40. 792,189 shares were traded during mid-day trading, a decline of 93% from the average session volume of 10,704,771 shares. The stock had previously closed at GBX 340.40.

Analyst Upgrades and Downgrades

Several research firms have commented on FUTR. Canaccord Genuity Group decreased their price objective on shares of Future from GBX 733 to GBX 358 and set a “hold” rating for the company in a research note on Friday, April 24th. Barclays decreased their price target on shares of Future from GBX 640 to GBX 285 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Jefferies Financial Group restated a “hold” rating and set a GBX 295 price target on shares of Future in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,013 price target on shares of Future in a research note on Friday, May 15th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 330 price target on shares of Future in a research note on Monday, May 18th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 586.

View Our Latest Analysis on FUTR

Future Stock Performance

The company’s 50 day moving average price is GBX 325.65 and its 200-day moving average price is GBX 443.01. The company has a debt-to-equity ratio of 38.86, a quick ratio of 0.60 and a current ratio of 0.95. The company has a market cap of £280.97 million, a PE ratio of 4.94, a price-to-earnings-growth ratio of 0.64 and a beta of 1.33.

Future (LON:FUTRGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported GBX 13.10 earnings per share (EPS) for the quarter. The company had revenue of £349.10 million during the quarter. Future had a net margin of 5.14% and a return on equity of 3.57%. Equities research analysts anticipate that Future plc will post 116.6270784 earnings per share for the current fiscal year.

Future Company Profile

(Get Free Report)

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams

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