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

Johnson Service Group (LON:JSG) issued its quarterly earnings results on Tuesday. The company reported GBX 5 earnings per share (EPS) 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%

Shares of JSG traded down GBX 10.81 during mid-day trading on Tuesday, reaching GBX 132.89. The company’s stock had a trading volume of 3,073,410 shares, compared to its average volume of 4,965,691. Johnson Service Group has a 1 year low of GBX 123.80 and a 1 year high of GBX 172.10. The company has a quick ratio of 0.80, a current ratio of 0.93 and a debt-to-equity ratio of 61.87. The company has a market cap of £480.07 million, a price-to-earnings ratio of 14.44, a price-to-earnings-growth ratio of 10.18 and a beta of 1.03. The business has a fifty day moving average of GBX 150.21 and a 200 day moving average of GBX 143.38.

Analyst Upgrades and Downgrades

JSG has been the topic of a number of recent analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 178 target price on shares of Johnson Service Group in a research report on Monday, July 13th. Berenberg Bank reissued a “buy” rating and set a GBX 205 price target on shares of Johnson Service Group in a research report on Monday, July 13th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 177.67.

Johnson Service Group Company Profile

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.