Watches of Switzerland Group (LON:WOSG) Hits New 1-Year High – Should You Buy?

Watches of Switzerland Group plc (LON:WOSGGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 776.50 and last traded at GBX 776.50, with a volume of 1294125 shares. The stock had previously closed at GBX 719.50.

Analysts Set New Price Targets

WOSG has been the topic of several research reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 440 price target on shares of Watches of Switzerland Group in a report on Friday, May 15th. Royal Bank Of Canada increased their price objective on shares of Watches of Switzerland Group from GBX 560 to GBX 650 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 546.67.

Get Our Latest Research Report on WOSG

Watches of Switzerland Group Stock Performance

The stock has a 50 day simple moving average of GBX 687.36 and a 200 day simple moving average of GBX 558.12. The company has a quick ratio of 0.48, a current ratio of 1.96 and a debt-to-equity ratio of 107.40. The company has a market cap of £1.76 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 1.56 and a beta of 1.87.

Watches of Switzerland Group (LON:WOSGGet Free Report) last posted its earnings results on Tuesday, July 14th. The company reported GBX 45.20 earnings per share (EPS) for the quarter. Watches of Switzerland Group had a return on equity of 12.32% and a net margin of 4.05%. As a group, analysts predict that Watches of Switzerland Group plc will post 42.739726 EPS for the current year.

Watches of Switzerland Group Company Profile

(Get Free Report)

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK and US comprising eight prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Deutsch & Deutsch (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America and the Caribbean.

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