Eagle Eye Solutions Group (LON:EYE) Reaches New 12-Month High – Still a Buy?

Eagle Eye Solutions Group plc (LON:EYE)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 450 and last traded at GBX 445, with a volume of 2070289 shares traded. The stock had previously closed at GBX 435.

Analysts Set New Price Targets

EYE has been the topic of a number of recent analyst reports. Shore Capital Group reaffirmed a “house stock” rating on shares of Eagle Eye Solutions Group in a research note on Monday, April 27th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 660 price target on shares of Eagle Eye Solutions Group in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 660.

Eagle Eye Solutions Group Stock Performance

The company has a current ratio of 1.57, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of £132.97 million, a price-to-earnings ratio of -1,308.82 and a beta of 0.59. The stock’s 50 day moving average price is GBX 359.81 and its two-hundred day moving average price is GBX 333.99.

Eagle Eye Solutions Group (LON:EYE) last posted its quarterly earnings results on Tuesday, March 17th. The company reported GBX 0.46 earnings per share for the quarter. Eagle Eye Solutions Group had a net margin of 0.22% and a return on equity of 0.31%. On average, analysts forecast that Eagle Eye Solutions Group plc will post 12.1000003 EPS for the current year.

Insider Buying and Selling

In other Eagle Eye Solutions Group news, insider Anne De Kerckhove acquired 3,921 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were purchased at an average cost of GBX 383 per share, with a total value of £15,017.43. Insiders own 25.15% of the company’s stock.

About Eagle Eye Solutions Group

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.