Future (LON:FUTR) Insider Ivana Kirkbride Purchases 1,000 Shares

Future plc (LON:FUTR) insider Ivana Kirkbride acquired 1,000 shares of Future stock in a transaction on Wednesday, February 4th. The shares were bought at an average cost of GBX 518 per share, for a total transaction of £5,180.

Future Trading Down 1.7%

FUTR stock traded down GBX 9 during trading on Thursday, reaching GBX 516. The company had a trading volume of 307,946 shares, compared to its average volume of 1,447,508. The company has a debt-to-equity ratio of 31.50, a current ratio of 0.69 and a quick ratio of 0.60. Future plc has a 52 week low of GBX 488.40 and a 52 week high of GBX 1,073. The business has a 50 day moving average of GBX 542.52 and a 200 day moving average of GBX 633.06. The company has a market cap of £481.64 million, a P/E ratio of 8.31, a PEG ratio of 0.64 and a beta of 1.01.

Future (LON:FUTR) last posted its quarterly earnings data on Thursday, December 4th. The company reported GBX 124.20 earnings per share for the quarter. Future had a return on equity of 8.41% and a net margin of 11.69%. As a group, sell-side analysts forecast that Future plc will post 116.6270784 earnings per share for the current fiscal year.

Future announced that its board has authorized a stock buyback plan on Thursday, December 4th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their target price on shares of Future from GBX 1,280 to GBX 1,235 and set an “overweight” rating on the stock in a report on Friday, December 5th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 984.

Future Company Profile

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams