Schroders (LON:SDR) Sets New 1-Year High - Still a Buy?

Schroders plc (LON:SDR - Get Free Report)'s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 406 ($5.25) and last traded at GBX 399.80 ($5.17), with a volume of 6925031 shares. The stock had previously closed at GBX 380.20 ($4.91).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Schroders from GBX 375 ($4.85) to GBX 400 ($5.17) and gave the company a "hold" rating in a report on Friday.

Schroders Stock Performance

The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The firm has a 50-day moving average price of GBX 351.74 and a two-hundred day moving average price of GBX 340.69. The firm has a market cap of £6.34 billion, a PE ratio of 17.84, a P/E/G ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR - Get Free Report) last announced its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.34) earnings per share for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. Research analysts forecast that Schroders plc will post 33.7347131 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Richard Oldfield acquired 80 shares of Schroders stock in a transaction that occurred on Friday, January 10th. The shares were purchased at an average price of GBX 313 ($4.04) per share, for a total transaction of £250.40 ($323.56). 43.09% of the stock is currently owned by company insiders.

Schroders Company Profile

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.