Frasers Group (LON:FRAS) Hits New 12-Month Low – What’s Next?

Posted by Marion Hillson on Dec 18th, 2024

Frasers Group Plc (LON:FRAS – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 608.50 ($7.74) and last traded at GBX 609.50 ($7.75), with a volume of 464158 shares trading hands. The stock had previously closed at GBX 616.50 ($7.84).

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,200 ($15.26) target price on shares of Frasers Group in a research report on Friday, December 6th. Shore Capital lowered Frasers Group to a “hold” rating in a research report on Friday, December 13th.

View Our Latest Report on FRAS

Frasers Group Trading Up 1.1 %

The company has a market cap of £2.76 billion, a P/E ratio of 673.89, a PEG ratio of 0.30 and a beta of 1.86. The company has a current ratio of 2.57, a quick ratio of 0.64 and a debt-to-equity ratio of 77.55. The business has a 50 day moving average price of GBX 747.90 and a 200-day moving average price of GBX 819.37.

Frasers Group (LON:FRAS – Get Free Report) last announced its quarterly earnings data on Thursday, December 5th. The company reported GBX 51 ($0.65) EPS for the quarter. Frasers Group had a net margin of 6.88% and a return on equity of 22.54%. Analysts forecast that Frasers Group Plc will post 87.0607029 earnings per share for the current fiscal year.

Insider Activity

In other news, insider David Daly acquired 3,084 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of GBX 645 ($8.20) per share, with a total value of £19,891.80 ($25,288.33). Insiders own 77.18% of the company’s stock.

Frasers Group Company Profile

(Get Free Report)

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.