Saga (LON:SAGA) Sets New 52-Week High – Should You Buy?

Saga plc (LON:SAGA)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 351.50 and last traded at GBX 351.50, with a volume of 340812 shares traded. The stock had previously closed at GBX 337.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on Saga from GBX 185 to GBX 285 and gave the company a “buy” rating in a research note on Wednesday, September 24th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 285.

Saga Stock Up 3.9%

The stock has a 50 day moving average price of GBX 272.24 and a 200 day moving average price of GBX 219.90. The stock has a market capitalization of £504.20 million, a price-to-earnings ratio of -7.98, a price-to-earnings-growth ratio of 1.22 and a beta of 2.57. The company has a quick ratio of 0.67, a current ratio of 1.33 and a debt-to-equity ratio of 625.34.

Saga (LON:SAGA) last released its quarterly earnings results on Wednesday, September 24th. The company reported GBX 16.80 EPS for the quarter. Saga had a negative return on equity of 87.14% and a negative net margin of 18.42%. As a group, analysts forecast that Saga plc will post 34.7826087 EPS for the current year.

Insiders Place Their Bets

In other Saga news, insider Roger De Haan acquired 1,200,000 shares of the company’s stock in a transaction dated Friday, September 26th. The shares were bought at an average cost of GBX 274 per share, with a total value of £3,288,000. Insiders own 30.77% of the company’s stock.

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.