PLBY Group (NASDAQ:PLBY) Posts Earnings Results, Hits Estimates

PLBY Group (NASDAQ:PLBY) released its quarterly earnings results on Thursday. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.10), Zacks reports. PLBY Group had a negative return on equity of 406.14% and a negative net margin of 66.97%. The business had revenue of $28.88 million during the quarter, compared to analysts’ expectations of $26.70 million.

PLBY Group Stock Performance

Shares of NASDAQ:PLBY opened at $1.55 on Friday. The stock has a market capitalization of $145.61 million, a P/E ratio of -1.61 and a beta of 2.39. PLBY Group has a 1-year low of $0.52 and a 1-year high of $2.44. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 12.49. The business has a 50-day moving average price of $1.08 and a two-hundred day moving average price of $1.38.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Roth Mkm assumed coverage on PLBY Group in a report on Friday, January 31st. They issued a “buy” rating and a $3.00 price target for the company. Roth Capital raised PLBY Group to a “strong-buy” rating in a report on Friday, January 31st.

Institutional Trading of PLBY Group

An institutional investor recently raised its position in PLBY Group stock. Jones Financial Companies Lllp raised its stake in shares of PLBY Group, Inc. (NASDAQ:PLBY) by 7,468.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,695 shares of the company’s stock after buying an additional 32,263 shares during the quarter. Jones Financial Companies Lllp’s holdings in PLBY Group were worth $36,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 32.46% of the company’s stock.

About PLBY Group

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.