Motorpoint Group (LON:MOTR) Announces Earnings Results

Motorpoint Group (LON:MOTR) issued its quarterly earnings results on Wednesday. The company reported GBX 6.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Motorpoint Group had a net margin of 0.35% and a return on equity of 17.19%. The business had revenue of GBX 126.86 billion for the quarter.

Motorpoint Group Stock Up 2.0%

LON:MOTR opened at GBX 128 on Thursday. The firm has a market capitalization of £101.93 million, a P/E ratio of 25.60 and a beta of 0.77. Motorpoint Group has a 1-year low of GBX 111 and a 1-year high of GBX 190. The company’s fifty day moving average price is GBX 128 and its 200-day moving average price is GBX 132.22. The company has a debt-to-equity ratio of 226.34, a current ratio of 1.06 and a quick ratio of 0.12.

Analyst Upgrades and Downgrades

MOTR has been the topic of a number of recent analyst reports. Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut their price target on shares of Motorpoint Group from GBX 190 to GBX 180 and set a “buy” rating on the stock in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Motorpoint Group has a consensus rating of “Buy” and a consensus target price of GBX 180.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.