XPS Pensions Group (LON:XPS) Experiences 11.1% Increase - Is It Time to Invest?

XPS Pensions Group plc (LON:XPS) saw a notable rise of 11.1% in its stock price during trading recently. The stock reached a peak of GBX 397 ($5.00) and settled at GBX 385.45 ($4.85) by the end of the trading session. In total, about 3,388,795 shares were exchanged, marking an impressive 125% jump in trading volume compared to the average daily volume of 1,504,858 shares. Just a day before, the stock had closed at GBX 347 ($4.37).

Analysts Predict Growth for XPS Pensions Group

Several research institutions have evaluated XPS Pensions Group's potential. Deutsche Bank has reiterated a "buy" rating and established a target price of GBX 435 ($5.48) for the company's shares as noted in a recent report on November 22. On the same day, Canaccord Genuity Group also confirmed a "buy" rating with a target of GBX 401 ($5.05). In contrast, Shore Capital has chosen to maintain a "hold" rating on the stock. Currently, one analyst suggests keeping a hold position while four analysts advocate for buying. According to MarketBeat, the overall consensus rating for the company stands at "Moderate Buy" with an average target price of GBX 356.50 ($4.49).

XPS Pensions Group Stock Performance

The company's 50-day simple moving average is recorded at GBX 343.54, while its 200-day simple moving average stands at GBX 331.24. XPS Pensions Group holds a market capitalization of £795.95 million, a price-to-earnings ratio of 3.10, and a beta of 0.57. Furthermore, its quick ratio is 1.51, the current ratio is 1.27, and it displays a debt-to-equity ratio of 17.52.

Dividend Announcement from XPS Pensions Group

Additionally, XPS Pensions Group has announced a dividend recently, payable on February 7. Shareholders with record ownership as of January 9 received a dividend of GBX 3.70 ($0.05), translating to a yield of 1.03%. The company's current dividend payout ratio is noted at 8.03%.

Insider Transactions at XPS Pensions Group

On November 21, insider Alan Bannatyne added to his holdings by purchasing 13,033 shares of XPS Pensions Group at an average price of GBX 349 ($4.39) per share, totaling approximately £45,485.17 ($57,250.06). Company insiders collectively own around 5.14% of the shares.

About XPS Pensions Group

XPS Pensions Group is a prominent consulting and administration firm in the UK, focusing on the pensions and insurance industries. As a member of the FTSE 250, XPS integrates expertise with advanced technological solutions to support over 1,400 pension schemes and their corresponding employers in various projects and ongoing needs.

XPS, pensions, stocks