David Daly Buys 3,084 Shares of Frasers Group Plc (LON:FRAS) Stock

Frasers Group Plc (LON:FRAS) insider David Daly purchased 3,084 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average cost of GBX 645 ($8.22) per share, with a total value of £19,891.80 ($25,352.79).

Frasers Group Trading Down 3.6 %

Shares of Frasers Group stock opened at GBX 638 ($8.13) on Friday. Frasers Group Plc has a 1 year low of GBX 626.50 ($7.98) and a 1 year high of GBX 949.50 ($12.10). The company has a 50 day simple moving average of GBX 777.01 and a two-hundred day simple moving average of GBX 829.33. The firm has a market cap of £2.87 billion, a PE ratio of 708.89, a PEG ratio of 0.30 and a beta of 1.86. The company has a debt-to-equity ratio of 77.55, a current ratio of 2.57 and a quick ratio of 0.64.

Frasers Group (LON:FRAS) last announced its quarterly earnings results on Thursday, December 5th. The company reported GBX 51 ($0.65) earnings per share (EPS) for the quarter. Frasers Group had a return on equity of 22.54% and a net margin of 6.88%. Analysts expect that Frasers Group Plc will post 87.0607029 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FRAS. Shore Capital reissued a “buy” rating on shares of Frasers Group in a report on Friday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,200 ($15.29) target price on shares of Frasers Group in a report on Friday.

About Frasers Group

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.