Next 15 Group (LON:NFG) Trading Up 0.3% – Here’s Why

Next 15 Group plc (LON:NFG)’s stock price was up 0.3% during trading on Wednesday . The company traded as high as GBX 306.50 and last traded at GBX 301. 644,338 shares were traded during mid-day trading, an increase of 24% from the average daily volume of 517,731 shares. The stock had previously closed at GBX 300.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 510 price objective on shares of Next 15 Group in a report on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Next 15 Group has an average rating of “Buy” and an average price target of GBX 474.67.

Next 15 Group Stock Performance

The company has a market capitalization of £294.47 million, a price-to-earnings ratio of -9.71 and a beta of 1.29. The firm has a 50-day simple moving average of GBX 270.32 and a two-hundred day simple moving average of GBX 276.59.

Next 15 Group (LON:NFG) last issued its quarterly earnings results on Thursday, May 7th. The company reported GBX (15.20) earnings per share (EPS) for the quarter. Next 15 Group had a negative return on equity of 20.40% and a negative net margin of 4.90%.The business had revenue of £448.83 million for the quarter. As a group, equities analysts forecast that Next 15 Group plc will post 60.4827586 EPS for the current fiscal year.

Next 15 Group Company Profile

Next 15 is redefining the landscape of growth consultancy with The Next Network, a decentralised collective of specialist consultancies, agencies, product builders, and venture creators. Our network is built for agility, powered by data, technology, and artificial intelligence, and is driven by the profound expertise of top-tier professionals. With a focus on innovation and a commitment to sustainability, we help clients navigate the complexities of modern markets.

The company’s approach is underpinned by four pillars of excellence: Customer Insight, Customer Engagement, Customer Delivery, and Business Transformation.