YouGov (LON:YOU) Shares Up 11.2% – Here’s Why

YouGov plc (LON:YOU)’s stock price rose 11.2% during trading on Tuesday . The stock traded as high as GBX 298.50 and last traded at GBX 294. Approximately 3,922,871 shares changed hands during trading, an increase of 401% from the average daily volume of 782,803 shares. The stock had previously closed at GBX 264.50.

Wall Street Analysts Forecast Growth

YOU has been the topic of a number of recent research reports. Berenberg Bank cut their price objective on shares of YouGov from GBX 760 to GBX 600 and set a “buy” rating on the stock in a report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft cut their price target on YouGov from GBX 565 to GBX 438 and set a “buy” rating on the stock in a research note on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lowered their price objective on YouGov from GBX 385 to GBX 375 and set a “neutral” rating for the company in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 471.

YouGov Stock Performance

The company has a market capitalization of £346.31 million, a PE ratio of 26.15, a price-to-earnings-growth ratio of 0.71 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.99 and a debt-to-equity ratio of 130.35. The business’s fifty day moving average is GBX 283.90 and its two-hundred day moving average is GBX 317.41.

YouGov (LON:YOU) last posted its earnings results on Tuesday, October 14th. The company reported GBX 31.70 EPS for the quarter. YouGov had a negative return on equity of 1.23% and a negative net margin of 0.69%. Equities research analysts predict that YouGov plc will post 41.8853256 earnings per share for the current year.

Insider Transactions at YouGov

In other YouGov news, insider Stephan Shakespeare bought 39,060 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was bought at an average cost of GBX 256 per share, for a total transaction of £99,993.60. Also, insider Alex McIntosh sold 76,486 shares of YouGov stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of GBX 340, for a total transaction of £260,052.40. Insiders purchased 144,991 shares of company stock worth $44,998,910 over the last three months. 13.43% of the stock is currently owned by company insiders.

YouGov Company Profile

YouGov is an international research and data analytics group.

Our mission is to supply a continuous stream of accurate data into what the world thinks, so that organisations can better serve the communities that sustain them.

Our 22 million registered members provide us with a highly engaged proprietary panel that delivers thousands of data points on consumer opinions, attitudes and behaviour on a daily basis.