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

Saga plc (LON:SAGA – Get Free Report) shares reached a new 52-week high on Wednesday. The company traded as high as GBX 921 and last traded at GBX 901.41, with a volume of 13,462,981 shares. The stock had previously closed at GBX 910.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SAGA. Deutsche Bank Aktiengesellschaft boosted their price target on Saga from GBX 795 to GBX 855 and gave the company a “buy” rating in a research note on Thursday, October 1st. Berenberg Bank raised their price objective on shares of Saga from GBX 1,025 to GBX 1,130 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 992.50.

Check Out Our Latest Research Report on Saga

Saga Stock Performance

The company has a market cap of £1.31 billion, a price-to-earnings ratio of 36.48, a P/E/G ratio of 1.22 and a beta of 1.96. The company has a debt-to-equity ratio of 503.16, a current ratio of 0.91 and a quick ratio of 0.67. The firm has a fifty day simple moving average of GBX 717.97 and a 200 day simple moving average of GBX 606.41.

Saga (LON:SAGA – Get Free Report) last issued its quarterly earnings data on Wednesday, September 30th. The company reported GBX 20.50 earnings per share for the quarter. Saga had a net margin of 3.25% and a return on equity of 23.50%. On average, sell-side analysts expect that Saga plc will post 34.78 earnings per share for the current fiscal year.

About Saga

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

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