Saga (LON:SAGA) Reaches New 12-Month High – Still a Buy?

Shares of Saga plc (LON:SAGA) reached a new 52-week high on Tuesday . The company traded as high as GBX 671 and last traded at GBX 656.27, with a volume of 1988117 shares trading hands. The stock had previously closed at GBX 601.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 600 price objective on shares of Saga in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Saga has an average rating of “Buy” and an average target price of GBX 600.

Saga Stock Up 9.2%

The company has a current ratio of 1.35, a quick ratio of 0.67 and a debt-to-equity ratio of 934.58. The firm’s 50 day moving average price is GBX 571.41 and its two-hundred day moving average price is GBX 508.05. The company has a market capitalization of £954.15 million, a price-to-earnings ratio of 273.45, a price-to-earnings-growth ratio of 1.22 and a beta of 2.02.

Saga (LON:SAGA) last issued its earnings results on Wednesday, April 15th. The company reported GBX (2.90) earnings per share (EPS) for the quarter. Saga had a negative net margin of 1.53% and a negative return on equity of 15.72%. The firm had revenue of £660 million during the quarter. Sell-side analysts anticipate that Saga plc will post 34.7826087 earnings per share for the current fiscal year.

About Saga

Saga exists to deliver exceptional experiences for our customers every day, whilst being a driver of positive change in our markets and communities.