Future plc (LON:FUTR – Get Rating) insider Zillah Byng-Thorne sold 8,352 shares of the company’s stock in a transaction that occurred on Thursday, December 15th. The shares were sold at an average price of GBX 1,264 ($15.51), for a total transaction of £105,569.28 ($129,516.97).
Future Price Performance
Shares of LON:FUTR opened at GBX 1,258 ($15.43) on Monday. The company’s fifty day moving average price is GBX 1,363.27 and its 200-day moving average price is GBX 1,567.58. The firm has a market capitalization of £1.52 billion and a price-to-earnings ratio of 1,245.54. Future plc has a one year low of GBX 1,114.25 ($13.67) and a one year high of GBX 3,940 ($48.34). The company has a debt-to-equity ratio of 49.09, a current ratio of 0.62 and a quick ratio of 0.60.
Future Increases Dividend
The business also recently declared a dividend, which will be paid on Tuesday, February 14th. Stockholders of record on Thursday, January 19th will be issued a GBX 3.40 ($0.04) dividend. This is a positive change from Future’s previous dividend of $2.80. The ex-dividend date is Thursday, January 19th. This represents a dividend yield of 0.23%. Future’s dividend payout ratio is presently 2.77%.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Future from GBX 2,852 ($34.99) to GBX 2,621 ($32.16) and set a “buy” rating on the stock in a report on Wednesday, December 7th. Barclays decreased their target price on shares of Future from GBX 1,975 ($24.23) to GBX 1,850 ($22.70) and set an “overweight” rating on the stock in a report on Monday, December 5th. Berenberg Bank decreased their target price on shares of Future from GBX 3,250 ($39.87) to GBX 2,600 ($31.90) and set a “buy” rating on the stock in a report on Thursday, December 1st. Shore Capital reaffirmed a “buy” rating on shares of Future in a report on Wednesday, November 23rd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,500 ($30.67) target price on shares of Future in a report on Wednesday, November 16th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 2,392.75 ($29.36).
Future plc, together with its subsidiaries, publishes content for technology, games, TV and entertainment, women’s lifestyle, real life, music, creative and photography, sports, home interest, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments.
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