Jefferies Financial Group Reiterates Underperform Rating for Hays (LON:HAS)

Hays (LON:HAS)‘s stock had its “underperform” rating restated by analysts at Jefferies Financial Group in a report issued on Thursday,London Stock Exchange reports. They currently have a GBX 28 target price on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 18.51% from the company’s current price.

Separately, Deutsche Bank Aktiengesellschaft cut their price target on shares of Hays from GBX 100 to GBX 90 and set a “buy” rating for the company in a report on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 74.60.

Hays Trading Up 6.9%

Shares of HAS stock opened at GBX 34.36 on Thursday. Hays has a 12-month low of GBX 28.68 and a 12-month high of GBX 77.50. The company has a market capitalization of £549.37 million, a P/E ratio of -52.06, a P/E/G ratio of 0.24 and a beta of 0.82. The firm has a 50-day moving average price of GBX 38.09 and a 200 day moving average price of GBX 48.89. The company has a quick ratio of 1.31, a current ratio of 1.27 and a debt-to-equity ratio of 65.55.

Hays (LON:HAS) last announced its quarterly earnings results on Friday, February 27th. The company reported GBX 0.46 earnings per share (EPS) for the quarter. Hays had a negative net margin of 0.16% and a negative return on equity of 2.24%. Research analysts forecast that Hays will post 4.0966184 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Helen Cunningham bought 6,237 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was bought at an average cost of GBX 32 per share, with a total value of £1,995.84. Also, insider Michael Findlay bought 25,500 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was bought at an average cost of GBX 39 per share, with a total value of £9,945. Over the last three months, insiders purchased 36,737 shares of company stock valued at $1,389,084. Insiders own 0.76% of the company’s stock.

Hays Company Profile