Saga (LON:SAGA) Sets New 12-Month High – What’s Next?

Saga plc (LON:SAGA) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 671 and last traded at GBX 656.27, with a volume of 1988117 shares changing hands. The stock had previously closed at GBX 601.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Saga from GBX 600 to GBX 795 and gave the company a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 795.

Saga Stock Up 4.5%

The company has a current ratio of 1.35, a quick ratio of 0.67 and a debt-to-equity ratio of 934.58. The business’s fifty day moving average price is GBX 572.24 and its two-hundred day moving average price is GBX 512.41. The firm has a market cap of £979.93 million, a P/E ratio of 280.83, a P/E/G ratio of 1.22 and a beta of 2.02.

Saga (LON:SAGA) last issued its quarterly earnings data on Wednesday, April 15th. The company reported GBX (2.90) earnings per share (EPS) for the quarter. The business had revenue of £660 million during the quarter. Saga had a negative return on equity of 15.72% and a negative net margin of 1.53%. As a group, equities research analysts anticipate that Saga plc will post 34.7826087 EPS for the current year.

Saga Company Profile

Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.