LSL Property Services (LON:LSL) Reaches New 52-Week Low – Here’s What Happened

LSL Property Services plc (LON:LSL)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 211 and last traded at GBX 215, with a volume of 100315 shares traded. The stock had previously closed at GBX 217.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 361 target price on shares of LSL Property Services in a research note on Friday. Shore Capital Group restated a “house stock” rating on shares of LSL Property Services in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, LSL Property Services currently has an average rating of “Buy” and a consensus price target of GBX 360.50.

LSL Property Services Price Performance

The stock’s 50 day moving average is GBX 225.67 and its two-hundred day moving average is GBX 245.15. The company has a debt-to-equity ratio of 55.75, a current ratio of 2.25 and a quick ratio of 1.06. The stock has a market capitalization of £208.72 million, a PE ratio of 12.96, a price-to-earnings-growth ratio of 1.49 and a beta of 0.46.

LSL Property Services (LON:LSL) last released its earnings results on Thursday, March 19th. The company reported GBX 24.40 earnings per share for the quarter. LSL Property Services had a net margin of 9.21% and a return on equity of 20.71%. As a group, sell-side analysts forecast that LSL Property Services plc will post 24.137931 earnings per share for the current fiscal year.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.