Microlise Group’s (SAAS) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Microlise Group (LON:SAAS) in a report published on Thursday, Marketbeat reports. The brokerage currently has a GBX 199 price target on the stock.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 210 target price on shares of Microlise Group in a research note on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 204.50.

Microlise Group Price Performance

Microlise Group stock opened at GBX 130 on Thursday. The company has a market cap of £150.73 million, a price-to-earnings ratio of -7,344.63 and a beta of 0.19. The firm’s fifty day moving average is GBX 134.49 and its 200 day moving average is GBX 115.62. The company has a quick ratio of 1.08, a current ratio of 1.25 and a debt-to-equity ratio of 2.38. Microlise Group has a 52-week low of GBX 88 and a 52-week high of GBX 150.

Microlise Group (LON:SAAS) last released its quarterly earnings results on Thursday, September 25th. The company reported GBX 2.62 earnings per share (EPS) for the quarter. Microlise Group had a net margin of 2.14% and a return on equity of 1.87%. Sell-side analysts forecast that Microlise Group will post 5.5260831 EPS for the current fiscal year.

Insider Activity at Microlise Group

In related news, insider Nick Wightman purchased 18,827 shares of the business’s stock in a transaction dated Monday, June 30th. The shares were purchased at an average cost of GBX 106 per share, for a total transaction of £19,956.62. Insiders own 51.87% of the company’s stock.

About Microlise Group

Microlise is a leading provider of transport management software to fleet operators helping them to improve efficiency, safety, and reduce emissions

These improvements are delivered through reduced fuel use, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience

Established in 1982, Microlise is an award-winning business with around 350 employees based at the Group’s headquarters in Nottingham, as part of a total staff of 500 globally with international offices in France, India and Australia