Hays (LON:HAS) Reaches New 1-Year Low – Time to Sell?

Hays plc (LON:HAS)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 34.94 and last traded at GBX 35.06, with a volume of 1611120 shares traded. The stock had previously closed at GBX 35.51.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Hays from GBX 100 to GBX 90 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 81.20.

Hays Trading Down 1.3%

The company has a debt-to-equity ratio of 65.55, a quick ratio of 1.31 and a current ratio of 1.27. The company has a market cap of £560.56 million, a P/E ratio of -71.55, a price-to-earnings-growth ratio of 0.24 and a beta of 0.75. The stock has a 50-day moving average of GBX 45.52 and a two-hundred day moving average of GBX 52.96.

Hays (LON:HAS) last released its earnings results on Friday, February 27th. The company reported GBX 0.46 EPS for the quarter. Hays had a negative return on equity of 2.24% and a negative net margin of 0.16%. On average, equities research analysts predict that Hays plc will post 4.0966184 earnings per share for the current year.

Insider Activity

In related news, insider Cheryl Millington purchased 5,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average price of GBX 39 per share, with a total value of £1,950. Also, insider Michael Findlay purchased 25,500 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was purchased at an average price of GBX 39 per share, for a total transaction of £9,945. 0.76% of the stock is owned by insiders.

Hays Company Profile