PageGroup (LON:PAGE) Hits New 1-Year Low – What’s Next?

PageGroup plc (LON:PAGE) reached a new 52-week low during trading on Monday . The company traded as low as GBX 200.40 and last traded at GBX 201, with a volume of 835999 shares traded. The stock had previously closed at GBX 209.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft dropped their price objective on PageGroup from GBX 450 to GBX 400 and set a “buy” rating on the stock in a report on Monday, December 1st. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 327.50.

PageGroup Price Performance

The company has a quick ratio of 1.77, a current ratio of 1.60 and a debt-to-equity ratio of 40.35. The company has a 50 day simple moving average of GBX 229.05 and a 200-day simple moving average of GBX 240.57. The stock has a market cap of £600.97 million, a price-to-earnings ratio of 51.84, a PEG ratio of 0.98 and a beta of 1.11.

PageGroup Company Profile

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.