Costain Group PLC (LON:COST – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as GBX 265.23 and last traded at GBX 263.50, with a volume of 1,071,941 shares changing hands. The stock had previously closed at GBX 259.50.
Wall Street Analyst Weigh In
Separately, Berenberg Bank increased their price objective on Costain Group from GBX 240 to GBX 275 and gave the company a “buy” rating in a research note on Friday, August 14th. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, Costain Group presently has a consensus rating of “Buy” and an average target price of GBX 275.
Check Out Our Latest Report on COST
Costain Group Stock Up 1.5%
The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 12.61. The firm has a market cap of £691.23 million, a PE ratio of 18.82, a P/E/G ratio of 1.63 and a beta of 0.83. The firm’s 50 day moving average is GBX 241.35 and its 200-day moving average is GBX 205.25.
Costain Group (LON:COST – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. Costain Group had a net margin of 3.57% and a return on equity of 14.73%. As a group, equities research analysts expect that Costain Group PLC will post 13.76 earnings per share for the current fiscal year.
Insider Buying and Selling at Costain Group
In other Costain Group news, insider Anthony (Tony) James Quinlan acquired 5,692 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The shares were acquired at an average price of GBX 262 per share, for a total transaction of £14,913.04. 49.36% of the stock is currently owned by corporate insiders.
Costain Group Company Profile
Costain improves people’s lives by creating connected, sustainable infrastructure that enables people and the planet to thrive. Through the delivery of predictable, best-in-class solutions across the transport, water, energy and defence markets, we are creating a sustainable future and securing a more prosperous, resilient and decarbonised UK.
By bringing together our unique mix of construction, consultancy, engineering and digital services, we work strategically with our customers and suppliers to meet critical national needs.
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