YouGov (LON:YOU) Stock Price Breaks Above 50-Day Moving Average – What’s Next?

YouGov plc (LON:YOU)’s stock price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of GBX 273.37 and traded as high as GBX 283.60. YouGov shares last traded at GBX 280, with a volume of 340,550 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on YOU. Berenberg Bank reiterated a “buy” rating and issued a GBX 395 price objective on shares of YouGov in a research report on Tuesday, October 13th. Canaccord Genuity Group restated a “buy” rating and set a GBX 460 target price on shares of YouGov in a research report on Thursday, October 15th. Finally, JPMorgan Chase & Co. upped their price target on YouGov from GBX 360 to GBX 375 and gave the company an “overweight” rating in a research note on Friday, July 17th. Five equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, YouGov has a consensus rating of “Buy” and a consensus price target of GBX 418.

YouGov Price Performance

The stock has a market cap of £322.54 million, a P/E ratio of 57.54, a P/E/G ratio of 0.71 and a beta of 1.41. The company has a debt-to-equity ratio of 108.09, a current ratio of 0.73 and a quick ratio of 0.99. The company’s 50 day simple moving average is GBX 273.37 and its 200 day simple moving average is GBX 229.82.

YouGov (LON:YOU) last posted its earnings results on Tuesday, October 13th. The company reported GBX 30.20 earnings per share for the quarter. YouGov had a return on equity of 3.05% and a net margin of 1.44%. As a group, equities analysts forecast that YouGov plc will post 41.89 earnings per share for the current year.

YouGov Company Profile

YouGov is a global research data and analytics group. Our mission is to offer unparalleled insight into what the world really thinks and does. With operations in the Americas, Mainland Europe, UK and Asia Pacific, we have one of the world’s largest research networks. Above all, YouGov is powered by reality. That stems from a unique panel of millions of registered members across 64 markets, encapsulating some 18 million shopping trips and millions of interconnected data points. Our unique approach to recruiting and engaging with our panel, combined with our state-of-the-art technology platforms, enables us to deliver real-world, real-time insights that lead to better decision-making and a competitive advantage for our clients.