Lena Wilson CBE Buys 11,000 Shares of FirstGroup (LON:FGP) Stock

FirstGroup plc (LON:FGP) insider Lena Wilson CBE acquired 11,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were purchased at an average cost of GBX 178 per share, with a total value of £19,580.

FirstGroup Trading Down 2.8%

FGP stock traded down GBX 5 during midday trading on Wednesday, reaching GBX 176.80. The company’s stock had a trading volume of 1,524,435 shares, compared to its average volume of 2,523,701. The company has a quick ratio of 0.74, a current ratio of 0.69 and a debt-to-equity ratio of 257.49. FirstGroup plc has a 52 week low of GBX 136.61 and a 52 week high of GBX 240.40. The business’s 50-day simple moving average is GBX 212.20 and its 200-day simple moving average is GBX 213.14. The stock has a market cap of £960.25 million, a PE ratio of 8.62, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59.

FirstGroup (LON:FGP) last posted its earnings results on Tuesday, November 18th. The transport operator reported GBX 9.90 earnings per share (EPS) for the quarter. FirstGroup had a negative return on equity of 2.54% and a negative net margin of 0.34%. As a group, sell-side analysts expect that FirstGroup plc will post 17.3782772 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on FGP shares. Panmure Gordon reissued a “buy” rating and issued a GBX 250 price target on shares of FirstGroup in a report on Tuesday. Peel Hunt reaffirmed a “buy” rating and set a GBX 245 price target on shares of FirstGroup in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, FirstGroup currently has an average rating of “Buy” and an average price target of GBX 245.

About FirstGroup

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.