Savills (LON:SVS) Reaches New 1-Year Low – Here’s What Happened

Shares of Savills plc (LON:SVS) hit a new 52-week low during trading on Friday . The company traded as low as GBX 857.28 and last traded at GBX 859, with a volume of 8483641 shares traded. The stock had previously closed at GBX 861.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “buy” rating on shares of Savills in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 1,180.

Savills Stock Performance

The firm has a market capitalization of £1.15 billion, a price-to-earnings ratio of 22.25, a price-to-earnings-growth ratio of 2.09 and a beta of 1.25. The company has a debt-to-equity ratio of 80.81, a quick ratio of 1.22 and a current ratio of 1.17. The firm’s 50-day moving average price is GBX 1,016.09 and its two-hundred day moving average price is GBX 993.02.

Savills (LON:SVS) last released its quarterly earnings results on Thursday, March 12th. The company reported GBX 77.20 earnings per share (EPS) for the quarter. Savills had a return on equity of 9.70% and a net margin of 2.78%. Sell-side analysts predict that Savills plc will post 76.1455526 earnings per share for the current year.

Insider Buying and Selling at Savills

In other Savills news, insider Adriana Karaboutis bought 1,600 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were acquired at an average cost of GBX 913 per share, with a total value of £14,608. Also, insider Dana Roffman purchased 5,000 shares of Savills stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average price of GBX 929 per share, with a total value of £46,450. In the last quarter, insiders bought 15,117 shares of company stock valued at $13,949,661. 1.62% of the stock is owned by company insiders.

About Savills

Founded in the UK in 1855, Savills is one of the world’s leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.