PageGroup (PAGE) AI Stock Analysis

• Market Cap: £720.08M
• Dividend Yield: 7.5%
• Average Volume (3M): 714.28K
• Price to Earnings (P/E): 60.2
• Beta (1Y): 1.53
• Revenue Growth: -12.54%
• EPS Growth: -76.55%
• Country: UK
• Employees: 7,361
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): 0.00
• Shares Outstanding: 328,618,770
• 10 Day Avg. Volume: 651,451
• 30 Day Avg. Volume: 714,278
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £343.57
• Price Target Upside: 50.69% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 61 Neutral
• Price Target: 275.00p ▲(20.61% Upside)

PageGroup faces significant challenges with declining revenue and profitability, reflected in a moderate financial performance score. Technical indicators suggest bearish momentum, while valuation metrics indicate potential overvaluation despite a strong dividend yield. The earnings call highlights both challenges and strategic progress, suggesting potential for recovery. Overall, the stock score reflects these mixed factors, with financial performance and technical analysis being the most significant contributors.

PageGroup Business Overview & Revenue Model

Company Description

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company offers executive search services under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand. It also provides assessment, consulting, and talent services under the Page Assessment, Page Consulting, and Page Talent supplementary brands. The company was formerly known as Michael Page International plc and changed its name to PageGroup plc in June 2016. PageGroup plc was founded in 1976 and is headquartered in Addlestone, the United Kingdom.

How the Company Makes Money

PageGroup generates revenue primarily through the placement of candidates in various job positions, earning fees based on a percentage of the candidate's first-year salary for permanent positions or a fixed fee for temporary placements. The company has diversified its income streams by offering additional services such as recruitment process outsourcing (RPO) and managed services provider (MSP) solutions, which provide organizations with ongoing recruitment support. Significant partnerships with employers across multiple industries allow PageGroup to maintain a steady pipeline of job openings, further contributing to its earnings. The company's strong global presence, combined with its specialized knowledge in various sectors, enables it to attract top talent and fulfill client demands efficiently, which is crucial for sustaining its revenue growth.

PageGroup Financial Statement Overview

Summary

PageGroup's financial performance in 2024 shows challenges with declining revenue and profitability margins, impacting its income statement. The balance sheet indicates a prudent use of leverage, but declining equity and returns could affect long-term stability. Strong cash flow management remains a highlight, ensuring liquidity and operational flexibility. Continued focus on improving profitability and managing costs will be crucial for future growth.

Income Statement

PageGroup experienced a revenue decrease from 2023 to 2024, with a revenue growth of -13.5%. Gross profit margin for 2024 was approximately 48.5%, indicating efficient cost management. However, net profit margin for 2024 declined significantly to 1.6%, suggesting increased operational costs or other expenses impacting profitability. EBIT and EBITDA margins also decreased, reflecting reduced operational efficiency.

Balance Sheet

The company's debt-to-equity ratio increased to 0.52 in 2024, indicating a moderate level of leverage. Return on equity decreased to 10.8%, showing reduced profitability relative to shareholder investments. The equity ratio of 40.4% suggests a balanced approach to financing, though a declining trend in equity could pose future risks.

Cash Flow

PageGroup maintained strong operating cash flows in 2024, with an operating cash flow to net income ratio of 4.45, indicating robust cash generation relative to profits. Free cash flow remained stable, though there was a slight decline in free cash flow from 2023. The free cash flow to net income ratio of 3.9 reflects strong cash flow management despite profit declines.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.74B	2.01B	1.99B	1.64B	1.30B
Gross Profit	842.59M	1.01B	1.08B	877.72M	610.25M
EBITDA	117.54M	187.83M	264.25M	229.07M	84.01M
Net Income	28.44M	77.07M	139.01M	118.36M	-5.74M
Balance Sheet
Total Assets	650.10M	704.57M	794.94M	724.46M	629.83M
Cash, Cash Equivalents and Short-Term Investments	95.35M	90.14M	131.48M	153.98M	165.99M
Total Debt	136.79M	110.93M	109.83M	102.34M	103.47M
Total Liabilities	387.69M	398.09M	442.74M	384.35M	313.93M
Stockholders Equity	262.41M	306.49M	352.20M	340.11M	315.90M
Cash Flow
Free Cash Flow	110.99M	121.63M	152.99M	120.32M	114.72M
Operating Cash Flow	126.66M	153.01M	184.66M	148.69M	137.38M
Investing Cash Flow	-13.73M	-28.56M	-29.59M	-25.73M	-21.74M
Financing Cash Flow	-106.09M	-156.76M	-183.53M	-131.19M	-53.22M

PageGroup Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 228.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PAGE, the sentiment is Neutral. The current price of 228 is above the 20-day moving average (MA) of 226.89, below the 50-day MA of 245.70, and below the 200-day MA of 273.69, indicating a neutral trend. The MACD of -5.54 indicates Negative momentum. The RSI at 43.90 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:PAGE.

PageGroup Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GATC	64 Neutral	28.52M	47.63	―	3.87%	4.14%	-45.24%
STAF	64 Neutral	49.36M	12.69	-20.05%	―	1.44%	―
STEM	62 Neutral	201.19M	7.26	19.99%	6.62%	-13.93%	-48.74%
PAGE	61 Neutral	£720.08M	60.16	4.81%	7.50%	-12.54%	-76.55%
RWA	46 Neutral	88.33M	-5.73	-4.33%	13.43%	-14.31%	-361.93%
HAS	46 Neutral	893.07M	-114.49	-1.67%	5.35%	-4.92%	-58.06%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

PageGroup Corporate Events

PageGroup Reports Resilient H1 2025 Amid Economic Uncertainty

PageGroup plc reported a resilient performance for the first half of 2025 despite macro-economic uncertainties, with revenue and gross profit experiencing declines of 11.1% and 12.3% respectively. The company faced challenges in market conditions, particularly in Continental Europe, but saw improvements in Asia and the US. Strategic cost optimization and resource reallocation were implemented to address these challenges, with a focus on long-term growth opportunities. The company continues to leverage technology and AI to enhance productivity and customer experience, while maintaining a strong balance sheet and adaptable business model to navigate the uncertain economic environment.

The most recent analyst rating on (GB:PAGE) stock is a Buy with a £515.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

PageGroup Reports Resilient H1 2025 Amid Market Challenges

PageGroup plc reported a resilient performance in the first half of 2025 despite challenging market conditions, with revenue and gross profit experiencing declines of 11.1% and 12.3% respectively. The company faced a significant drop in operating profit due to restructuring costs, but maintained its interim dividend. PageGroup continues to focus on optimizing its cost base and reallocating resources to areas with long-term growth potential, while leveraging technology and AI to enhance productivity and customer experience.

The most recent analyst rating on (GB:PAGE) stock is a Buy with a £515.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

PageGroup Shows Resilience Amid Market Uncertainty in Q2 2025

PageGroup reported a resilient performance in Q2 2025 despite ongoing market uncertainties, with a 10.5% decline in group gross profit compared to Q2 2024. The company faced mixed results across regions, with a significant decline in Europe but growth in the US and Asia. The recruitment process was impacted by macroeconomic uncertainties, leading to a decrease in permanent recruitment as clients sought flexible options. PageGroup continued to invest in innovation and technology to enhance productivity and customer experience, while maintaining a strong balance sheet and adaptable business model amid challenging conditions.

The most recent analyst rating on (GB:PAGE) stock is a Hold with a £440.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

PageGroup to Release Q2 2025 Trading Update

PageGroup plc announced that it will release its Second Quarter 2025 Trading Update on 10 July 2025, with a conference call scheduled for analysts and investors. This update is anticipated to provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (GB:PAGE) stock is a Hold with a £440.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

PageGroup Announces New Board Appointment

PageGroup plc has announced the appointment of Paul Harrison as an independent Non-Executive Director, effective from 1 July 2025. This strategic addition to the board, with Harrison’s extensive experience in financial and operational roles in technology companies, is expected to strengthen PageGroup’s governance and potentially enhance its market positioning.

The most recent analyst rating on (GB:PAGE) stock is a Hold with a £440.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

PageGroup Announces Change in Major Shareholder Holdings

PageGroup Plc, a recruitment company, has announced a change in its major holdings. Apex Group Fiduciary Services Limited, acting as a trustee for the Michael Page Employees’ Benefit Trust, has increased its voting rights from 4.90% to 5.28%. This change in voting rights reflects a strategic adjustment in the company’s shareholder structure, potentially impacting its governance and decision-making processes.

The most recent analyst rating on (GB:PAGE) stock is a Hold with a £440.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

PageGroup Announces Change in Voting Rights Structure

PageGroup plc has announced a significant change in its voting rights structure, following Liontrust Investment Partners LLP’s acquisition or disposal of shares. The transaction has resulted in Liontrust holding 4.994% of the voting rights, a decrease from their previous position of 9.782%. This shift in voting rights could influence PageGroup’s decision-making processes and impact its strategic direction, affecting stakeholders and potentially altering its market positioning.

The most recent analyst rating on (GB:PAGE) stock is a Hold with a £440.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

PageGroup plc Announces Successful AGM Resolutions

PageGroup plc announced that all resolutions proposed at its Annual General Meeting on June 3, 2025, were passed by shareholders. The resolutions included re-elections of directors, approval of financial reports, and other governance-related matters. The successful passing of these resolutions indicates strong shareholder support and stability in the company’s governance structure, which may positively impact its operational efficiency and stakeholder confidence.

The most recent analyst rating on (GB:PAGE) stock is a Hold with a £440.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.