Future (LON:FUTR) Reaches New 1-Year Low at $1,030.00

Future plc (LON:FUTR – Get Rating)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 1,030 ($12.55) and last traded at GBX 1,148 ($13.99), with a volume of 177100 shares trading hands. The stock had previously closed at GBX 1,183 ($14.42).

Analysts Set New Price Targets

A number of brokerages recently weighed in on FUTR. Berenberg Bank lowered their target price on shares of Future from GBX 3,250 ($39.61) to GBX 2,600 ($31.69) and set a “buy” rating for the company in a research note on Thursday, December 1st. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 2,500 ($30.47) price objective on shares of Future in a research note on Wednesday, November 16th. Canaccord Genuity Group started coverage on Future in a research note on Wednesday, March 1st. They set a “sell” rating and a GBX 1,153 ($14.05) target price for the company. Barclays dropped their price target on Future from GBX 1,920 ($23.40) to GBX 1,915 ($23.34) and set an “overweight” rating on the stock in a research note on Thursday, February 9th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Future from GBX 2,852 ($34.76) to GBX 2,621 ($31.94) and set a “buy” rating for the company in a research report on Wednesday, December 7th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 2,157.80 ($26.30).

Future Trading Up 2.3 %

The company has a debt-to-equity ratio of 49.09, a current ratio of 0.62 and a quick ratio of 0.60. The firm has a fifty day simple moving average of GBX 1,450.31 and a 200-day simple moving average of GBX 1,414.32. The firm has a market cap of £1.42 billion, a P/E ratio of 1,163.37, a price-to-earnings-growth ratio of 0.64 and a beta of 0.90.

Future Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 14th. Investors of record on Thursday, January 19th were issued a GBX 3.40 ($0.04) dividend. This is a boost from Future’s previous dividend of $2.80. This represents a dividend yield of 0.23%. The ex-dividend date of this dividend was Thursday, January 19th. Future’s dividend payout ratio (DPR) is currently 297.03%.

Insider Activity at Future

In other Future news, insider Zillah Byng-Thorne sold 8,352 shares of the firm’s stock in a transaction on Thursday, December 15th. The shares were sold at an average price of GBX 1,264 ($15.41), for a total value of £105,569.28 ($128,664.57). 7.80% of the stock is currently owned by insiders.

About Future

(Get Rating)

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.