Marks Electrical Group (LON:MRK – Get Free Report) released its quarterly earnings data on Monday. The company reported GBX (40) earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of £107.93 million for the quarter. Marks Electrical Group had a negative return on equity of 4.18% and a negative net margin of 0.39%.
Marks Electrical Group Stock Down 0.9%
Marks Electrical Group stock opened at GBX 45.30 on Monday. The company has a debt-to-equity ratio of 18.87, a current ratio of 1.49 and a quick ratio of 0.62. The company’s 50-day moving average is GBX 48.58 and its 200-day moving average is GBX 47.06. The firm has a market capitalization of £47.23 million, a PE ratio of -43.98 and a beta of 0.57. Marks Electrical Group has a fifty-two week low of GBX 42 and a fifty-two week high of GBX 63.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. Canaccord Genuity Group restated a “buy” rating and issued a GBX 55 price target on shares of Marks Electrical Group in a report on Friday. Shore Capital Group reaffirmed a “hold” rating and set a GBX 50 price objective on shares of Marks Electrical Group in a research report on Friday. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 52.50.
About Marks Electrical Group
Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services. It sells its products through online platform. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. Marks Electrical Group PLC was founded in 1987 and is headquartered in Leicester, United Kingdom.
Recommended Stories
- Five stocks we like better than Marks Electrical Group
- SpaceX’s Historic IPO Has Already Sparked a 2X ETF Frenzy
- Cheesecake Factory Stock Is Up Over 50%—Is There Room for More CAKE?
- Royal Caribbean’s Best Quarter Ever Still Leaves a Big Question
- Lululemon’s China Backlash May Be Hiding a Bigger Valuation Story
Receive News & Ratings for Marks Electrical Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks Electrical Group and related companies with MarketBeat.com's FREE daily email newsletter.
