LSL Property Services (LON:LSL) Hits New 1-Year Low – What’s Next?

LSL Property Services plc (LON:LSL) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 205 and last traded at GBX 211, with a volume of 123617 shares trading hands. The stock had previously closed at GBX 211.

Analysts Set New Price Targets

Several equities analysts have issued reports on LSL shares. Jefferies Financial Group restated a “buy” rating and set a GBX 361 target price on shares of LSL Property Services in a research note on Friday, May 15th. Shore Capital Group restated a “house stock” rating on shares of LSL Property Services in a research note on Friday, May 15th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 360.50.

LSL Property Services Price Performance

The company’s 50 day moving average price is GBX 220.22 and its two-hundred day moving average price is GBX 241.44. The company has a current ratio of 2.25, a quick ratio of 1.06 and a debt-to-equity ratio of 55.75. The stock has a market cap of £209.05 million, a P/E ratio of 13.02, a PEG ratio of 1.49 and a beta of 0.43.

LSL Property Services (LON:LSL) last issued its quarterly earnings data on Thursday, March 19th. The company reported GBX 24.40 earnings per share for the quarter. LSL Property Services had a net margin of 9.21% and a return on equity of 20.71%. Equities analysts forecast that LSL Property Services plc will post 24.137931 earnings per share for the current year.

Insider Transactions at LSL Property Services

In other LSL Property Services news, insider James Mack acquired 11,737 shares of the stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average price of GBX 213 per share, for a total transaction of £24,999.81. Also, insider Adrian Collins acquired 23,295 shares of the stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average price of GBX 213 per share, for a total transaction of £49,618.35. Over the last ninety days, insiders have purchased 97,638 shares of company stock worth $20,900,657. 21.10% of the stock is currently owned by corporate insiders.

About LSL Property Services

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.