PageGroup (PAGE) AI Stock Analysis

• Market Cap: £836.93M
• Dividend Yield: 6.51%
• Average Volume (3M): 733.84K
• Price to Earnings (P/E): 29.2
• Beta (1Y): 1.23
• Revenue Growth: -13.50%
• EPS Growth: -62.86%
• Country: UK
• Employees: 7,361
• Sector: Industrials
• Sector Strength: 87
• Industry: Staffing & Employment Services
• EPS (TTM): 0.09
• Shares Outstanding: 328,618,770
• 10 Day Avg. Volume: 861,768
• 30 Day Avg. Volume: 733,842
• PEG Ratio: 0.56
• Price to Book (P/B): 4.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.59
• 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: £333.33
• Price Target Upside: 24.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 65 Neutral
• Price Target: 291.00p ▲(8.99%Upside)

PageGroup's stock score is influenced primarily by its financial performance and technical analysis. The strong cash flow management and high dividend yield are significant positives, but declining revenue and profitability margins, alongside mixed technical indicators, present challenges. The valuation suggests potential overvaluation, but the dividend yield remains attractive.

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 fees charged for recruitment services. The company earns placement fees for successful matches between candidates and employers, typically calculated as a percentage of the candidate's first-year salary. This model applies to both permanent and temporary placements, with temporary roles often providing recurring revenue as fees are collected for the duration of the contract. Additionally, PageGroup benefits from its global presence and extensive network of clients and candidates, which enhances its ability to match skilled professionals with suitable job opportunities. The company's diversified portfolio across various sectors and geographic regions also helps mitigate risks and capitalize on different market trends, further contributing to its revenue streams.

PageGroup Financial Statement Overview

Summary

The financial performance of PageGroup is mixed. Despite a strong cash flow management, the company faces challenges due to declining revenue and profitability margins. The balance sheet shows moderate leverage with a declining return on equity. Overall, the company needs to focus on improving profitability and managing costs 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: 267.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 267 is above the 20-day moving average (MA) of 264.15, above the 50-day MA of 264.06, and below the 200-day MA of 309.59, indicating a neutral trend. The MACD of -1.45 indicates Negative momentum. The RSI at 52.39 is Neutral, neither overbought nor oversold. The STOCH value of 80.78 is Negative, 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
STEM	72 Outperform	£305.61M	6.48	21.08%	5.55%	-10.24%	-11.60%
STAF	69 Neutral	£55.83M	―	8.52%	―	5.83%	19.29%
PAGE	65 Neutral	£836.93M	29.25	10.00%	6.51%	-13.50%	-62.86%
Sector *	64 Neutral	kr63.14B	12.40	1.54%	10.07%	0.04%	-3.90%
HAS	60 Neutral	£1.10B	―	-2.60%	0.03%	-6.95%	-117.14%
GATC	56 Neutral	£24.43M	40.79	3.66%	2.58%	4.14%	-45.24%
RWA	56 Neutral	£123.93M	29.69	-3.96%	13.85%	-16.16%	-145.46%

PageGroup Corporate Events

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.

PageGroup Releases 2024 Annual Report and AGM Notice

PageGroup plc has announced the availability of its Annual Report and Accounts for the year ending 31 December 2024, along with the Notice of its Annual General Meeting scheduled for 3 June 2025. These documents are accessible to shareholders via the company’s website and the Financial Conduct Authority’s National Storage Mechanism, indicating transparency and compliance with UK listing regulations.

PageGroup’s Q1 2025 Update: Navigating Economic Challenges with Strategic Adjustments

PageGroup’s Q1 2025 trading update reveals a 9.2% decline in gross profit compared to Q1 2024, reflecting ongoing economic challenges and subdued client and candidate confidence. The company plans a cost reduction program to save approximately £15 million annually, and despite the uncertain economic outlook, it maintains a strong balance sheet and continues to focus on optimizing its cost base and reallocating resources to areas with significant long-term opportunities. The Americas showed growth, particularly in the US and Brazil, while other regions faced declines, with India being a standout performer.