FDM Group (LON:FDM) Releases Earnings Results

FDM Group (LON:FDM) released its quarterly earnings results on Monday. The company reported GBX 3.80 earnings per share for the quarter, Digital Look Earnings reports. FDM Group had a return on equity of 4.84% and a net margin of 1.57%.

FDM Group Trading Down 0.7%

Shares of LON FDM opened at GBX 113 on Wednesday. The company has a current ratio of 2.23, a quick ratio of 2.24 and a debt-to-equity ratio of 37.49. The stock has a market capitalization of £123.56 million, a PE ratio of 21.73 and a beta of 1.11. FDM Group has a twelve month low of GBX 94.50 and a twelve month high of GBX 165.80. The stock has a fifty day simple moving average of GBX 110.26 and a 200-day simple moving average of GBX 119.87.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on FDM shares. Shore Capital Group restated a “house stock” rating on shares of FDM Group in a report on Monday. Deutsche Bank Aktiengesellschaft lowered their target price on shares of FDM Group from GBX 160 to GBX 155 and set a “buy” rating for the company in a research note on Tuesday. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, FDM Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 142.50.

Insider Transactions at FDM Group

In other news, insider Michael (Mike) McLaren bought 7,562 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was bought at an average cost of GBX 118 per share, for a total transaction of £8,923.16. Also, insider Roderick (Rod) Flavell bought 11,474 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were purchased at an average price of GBX 118 per share, with a total value of £13,539.32. Insiders bought a total of 34,446 shares of company stock worth $4,064,628 in the last 90 days. Insiders own 17.84% of the company’s stock.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc. FDM Group (Holdings) plc was founded in 1991 and is based in London, the United Kingdom.