Savills (LON:SVS) Hits New 12-Month Low – Here’s Why

Savills plc (LON:SVS) reached a new 52-week low during trading on Monday . The company traded as low as GBX 812 and last traded at GBX 813, with a volume of 1302729 shares. The stock had previously closed at GBX 828.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “buy” rating on shares of Savills in a research report on Thursday, March 12th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Savills currently has a consensus rating of “Buy” and a consensus target price of GBX 1,180.

Savills Stock Performance

The company has a debt-to-equity ratio of 80.81, a current ratio of 1.17 and a quick ratio of 1.22. The company has a 50 day simple moving average of GBX 984.11 and a 200-day simple moving average of GBX 989.31. The stock has a market capitalization of £1.15 billion, a P/E ratio of 22.20, a price-to-earnings-growth ratio of 2.09 and a beta of 1.25.

Savills (LON:SVS) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 77.20 earnings per share for the quarter. Savills had a return on equity of 9.70% and a net margin of 2.78%. On average, equities analysts forecast that Savills plc will post 76.1455526 EPS for the current year.

Insider Activity

In other Savills news, insider Nick Sanderson purchased 11,909 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were bought at an average cost of GBX 835 per share, for a total transaction of £99,440.15. Also, insider Stacey Cartwright acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average cost of GBX 871 per share, with a total value of £87,100. Over the last three months, insiders have purchased 42,026 shares of company stock valued at $36,758,676. 1.62% of the stock is currently owned by corporate insiders.

Savills Company Profile

Founded in the UK in 1855, Savills is one of the world’s leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.