George Weston (OTCMKTS:WNGRF) Posts Earnings Results

George Weston (OTCMKTS:WNGRF) issued its quarterly earnings results on Friday. The company reported $0.99 EPS for the quarter, Zacks reports. George Weston had a net margin of 1.67% and a return on equity of 12.84%.

George Weston Stock Up 5.3%

OTCMKTS WNGRF traded up $3.28 on Friday, reaching $65.50. 17,394 shares of the stock traded hands, compared to its average volume of 5,405. George Weston has a 12 month low of $49.82 and a 12 month high of $67.16. The company has a market cap of $25.06 billion, a price-to-earnings ratio of 35.60 and a beta of 0.55. The company has a fifty day moving average price of $61.72 and a 200-day moving average price of $136.49. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.77 and a current ratio of 1.37.

Analyst Ratings Changes

A number of research firms have recently commented on WNGRF. Scotiabank reaffirmed a “sector perform” rating on shares of George Weston in a research note on Thursday, August 21st. TD Securities reaffirmed a “buy” rating on shares of George Weston in a research report on Monday, July 28th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of George Weston in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About George Weston

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.