Anpario (LON:ANP) Posts Earnings Results

Anpario (LON:ANP) released its quarterly earnings results on Monday. The company reported GBX 28.40 ($0.37) earnings per share for the quarter, Digital Look Earnings reports. Anpario had a return on equity of 8.74% and a net margin of 9.23%.

Anpario Stock Down 0.8 %

Shares of LON ANP opened at GBX 384.33 ($4.97) on Wednesday. The stock has a market capitalization of £65.57 million, a P/E ratio of 21.22 and a beta of 0.58. The stock’s fifty day moving average is GBX 432.58 and its 200 day moving average is GBX 377.46. Anpario has a 52 week low of GBX 229.50 ($2.97) and a 52 week high of GBX 488.55 ($6.32). The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.16 and a current ratio of 6.15.

Anpario Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 25th. Stockholders of record on Thursday, July 10th will be issued a dividend of GBX 8 ($0.10) per share. This is a positive change from Anpario’s previous dividend of $3.25. This represents a dividend yield of 2.09%. The ex-dividend date is Thursday, July 10th. Anpario’s dividend payout ratio is 60.74%.

Analyst Upgrades and Downgrades

ANP has been the subject of a number of research reports. Canaccord Genuity Group lifted their target price on Anpario from GBX 380 ($4.91) to GBX 500 ($6.46) and gave the stock a “buy” rating in a report on Tuesday, January 14th. Shore Capital reissued a “house stock” rating on shares of Anpario in a report on Monday.

Insider Buying and Selling

In other news, insider Marc Wilson acquired 3,778 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The shares were acquired at an average cost of GBX 398 ($5.15) per share, with a total value of £15,036.44 ($19,439.48). 30.51% of the stock is currently owned by company insiders.

Anpario Company Profile

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.