Frasers Group (LON:FRAS) Hits New 12-Month Low – Should You Sell?

Frasers Group Plc (LON:FRAS)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 479.25 and last traded at GBX 679, with a volume of 230416 shares changing hands. The stock had previously closed at GBX 629.50.

Wall Street Analysts Forecast Growth

FRAS has been the subject of a number of research analyst reports. Shore Capital reissued a “hold” rating on shares of Frasers Group in a report on Thursday, December 4th. Royal Bank Of Canada cut Frasers Group to a “sector perform” rating and increased their price target for the company from GBX 775 to GBX 800 in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 950.

Frasers Group Price Performance

The stock has a market cap of £2.95 billion, a P/E ratio of 10.10, a P/E/G ratio of 0.30 and a beta of 1.86. The business has a 50 day simple moving average of GBX 709.07 and a 200-day simple moving average of GBX 699.47. The company has a debt-to-equity ratio of 78.73, a quick ratio of 0.64 and a current ratio of 2.57.

Frasers Group (LON:FRAS) last posted its quarterly earnings results on Thursday, December 4th. The company reported GBX 49.80 earnings per share for the quarter. Frasers Group had a net margin of 6.95% and a return on equity of 21.74%. On average, sell-side analysts forecast that Frasers Group Plc will post 87.0607029 EPS for the current year.

Insider Activity at Frasers Group

In related news, insider Andy Lyon purchased 15,000 shares of Frasers Group stock in a transaction dated Wednesday, October 15th. The stock was bought at an average cost of GBX 704 per share, for a total transaction of £105,600. 75.72% of the stock is owned by insiders.

Frasers Group Company Profile

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing.