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

Saga plc (LON:SAGA) hit a new 52-week high on Monday . The stock traded as high as GBX 388 and last traded at GBX 382.88, with a volume of 292944 shares. The stock had previously closed at GBX 381.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Saga from GBX 185 to GBX 285 and gave the company a “buy” rating in a report on Wednesday, September 24th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 285.

Saga Trading Down 2.2%

The company has a current ratio of 1.33, a quick ratio of 0.67 and a debt-to-equity ratio of 625.34. The stock has a 50-day simple moving average of GBX 285.99 and a 200 day simple moving average of GBX 230.96. The company has a market cap of £558.78 million, a price-to-earnings ratio of -8.84, a PEG ratio of 1.22 and a beta of 2.57.

Saga (LON:SAGA) last released its earnings results on Wednesday, September 24th. The company reported GBX 16.80 EPS for the quarter. Saga had a negative return on equity of 87.14% and a negative net margin of 18.42%. As a group, equities research analysts predict that Saga plc will post 34.7826087 EPS for the current fiscal year.

Insider Transactions at Saga

In other Saga news, insider Roger De Haan acquired 1,200,000 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was acquired at an average cost of GBX 274 per share, for a total transaction of £3,288,000. Corporate insiders own 30.77% of the company’s stock.

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.