J Sainsbury (LON:SBRY) Issues Quarterly Earnings Results

J Sainsbury (LON:SBRY) posted its earnings results on Thursday. The grocer reported GBX 23.10 ($0.31) EPS for the quarter, Digital Look Earnings reports. J Sainsbury had a return on equity of 1.94% and a net margin of 0.42%.

J Sainsbury Stock Performance

Shares of SBRY opened at GBX 256.80 ($3.41) on Friday. The firm has a market capitalization of £5.93 billion, a P/E ratio of 43.31, a PEG ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. J Sainsbury has a one year low of GBX 223.40 ($2.96) and a one year high of GBX 301.40 ($4.00). The business has a fifty day moving average of GBX 245.91 and a 200 day moving average of GBX 261.02.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SBRY. Shore Capital reissued a “house stock” rating on shares of J Sainsbury in a research report on Thursday. JPMorgan Chase & Co. decreased their price objective on shares of J Sainsbury from GBX 310 ($4.11) to GBX 305 ($4.05) and set an “overweight” rating for the company in a report on Monday, January 13th.

J Sainsbury Company Profile

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.