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Tribal Group plc ( (GB:TRB) ) has shared an announcement.
Tribal Group plc has announced the granting of 750,000 nil cost options over ordinary shares to certain Persons Discharging Management Responsibility under the company’s 2022 Long Term Incentive Plan. These options, which represent approximately 0.35% of the company’s issued shares, are subject to performance conditions based on the company’s Key Performance Indicators over three years and will vest in equal parts over three years, with exercise allowed from October 2028. This move is part of Tribal’s strategy to align management incentives with company performance, potentially impacting its operational focus and stakeholder engagement.
The most recent analyst rating on (GB:TRB) stock is a Buy with a £69.00 price target. To see the full list of analyst forecasts on Tribal Group plc stock, see the GB:TRB Stock Forecast page.
Spark’s Take on GB:TRB Stock
According to Spark, TipRanks’ AI Analyst, GB:TRB is a Outperform.
Tribal Group plc’s overall stock score reflects its solid financial performance, characterized by consistent revenue growth and strong cash flow generation. The technical analysis indicates mixed momentum, with short-term bearish signals but a longer-term bullish trend. The valuation suggests the stock is fairly valued with a reasonable P/E ratio and a modest dividend yield. The absence of earnings call and corporate events data did not impact the score.
To see Spark’s full report on GB:TRB stock, click here.
More about Tribal Group plc
Tribal Group plc is a pioneering leader in the education software and services industry. The company aims to enhance student success through its expertise and software, transitioning towards a pure-play EdTech SaaS model with a global presence. Its offerings include Student Information Systems, education services such as quality assurance and benchmarking, and student surveys that set global benchmarks for student experience. Tribal Group operates in over 55 countries, serving higher education, further and tertiary education institutions, schools, government bodies, training providers, and employers.
Average Trading Volume: 690,999
Technical Sentiment Signal: Buy
Current Market Cap: £135.4M
Learn more about TRB stock on TipRanks’ Stock Analysis page.