Debenhams Capital (LON:DEBS) Releases Quarterly Earnings Results

Debenhams Capital (LON:DEBS) released its earnings results on Tuesday. The company reported GBX (2.36) earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of £917 million during the quarter.

Debenhams Capital Stock Down 2.0%

Shares of Debenhams Capital stock opened at GBX 24.50 on Tuesday. The stock’s fifty day moving average is GBX 18.43 and its two-hundred day moving average is GBX 20.43. The company has a market capitalization of £384.82 million and a PE ratio of -2.42. Debenhams Capital has a 52 week low of GBX 10.30 and a 52 week high of GBX 29.50.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “hold” rating on shares of Debenhams Capital in a research report on Tuesday, March 31st. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of GBX 17.50.

About Debenhams Capital

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.