Kevin Li Ying Sells 7,958 Shares of Future (LON:FUTR) Stock

Future plc (LON:FUTR) insider Kevin Li Ying sold 7,958 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of GBX 531, for a total transaction of £42,256.98.

Kevin Li Ying also recently made the following trade(s):

• On Friday, December 12th, Kevin Li Ying acquired 9,029 shares of Future stock. The stock was bought at an average price of GBX 551 per share, with a total value of £49,749.79.

Future Trading Down 0.6%

Shares of FUTR opened at GBX 527 on Thursday. The company has a current ratio of 0.69, a quick ratio of 0.60 and a debt-to-equity ratio of 31.50. The firm’s 50-day moving average is GBX 597.83 and its two-hundred day moving average is GBX 674.91. Future plc has a twelve month low of GBX 521 and a twelve month high of GBX 1,073. The firm has a market capitalization of £502.74 million, a P/E ratio of 6.95, a PEG ratio of 0.64 and a beta of 1.01.

Future (LON:FUTR) last posted its quarterly earnings results on Thursday, December 4th. The company reported GBX 124.20 earnings per share (EPS) for the quarter. Future had a net margin of 11.69% and a return on equity of 8.41%. On average, research analysts predict that Future plc will post 116.6270784 earnings per share for the current fiscal year.

Future announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 4th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reduced their price objective on shares of Future from GBX 1,280 to GBX 1,235 and set an “overweight” rating on the stock in a research note on Friday, December 5th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Future presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 984.

About Future

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