Johnson Service Group (LON:JSG) Posts Quarterly Earnings Results

Johnson Service Group (LON:JSG) released its earnings results on Tuesday. The company reported GBX 5 earnings per share for the quarter, Digital Look Earnings reports. Johnson Service Group had a net margin of 6.93% and a return on equity of 13.04%.

Johnson Service Group Stock Down 7.5%

LON JSG traded down GBX 10.80 during trading hours on Tuesday, hitting GBX 132.90. The company’s stock had a trading volume of 22,585,457 shares, compared to its average volume of 5,078,478. The company has a market capitalization of £480.11 million, a PE ratio of 14.45, a price-to-earnings-growth ratio of 10.18 and a beta of 1.03. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 61.87. Johnson Service Group has a 52 week low of GBX 123.80 and a 52 week high of GBX 172.10. The company’s 50-day simple moving average is GBX 150.21 and its two-hundred day simple moving average is GBX 143.38.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Peel Hunt reissued a “buy” rating and set a GBX 178 target price on shares of Johnson Service Group in a report on Monday, July 13th. Berenberg Bank restated a “buy” rating and issued a GBX 205 price target on shares of Johnson Service Group in a research note on Monday, July 13th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 177.67.

About Johnson Service Group

Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK.

Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care.

Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service.

A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.