Distribution Finance Capital (LON:DFCH) Issues Quarterly Earnings Results

Distribution Finance Capital (LON:DFCH) posted its quarterly earnings data on Thursday. The company reported GBX 6 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Distribution Finance Capital had a return on equity of 12.38% and a net margin of 20.97%.

Distribution Finance Capital Trading Down 2.6%

Distribution Finance Capital stock traded down GBX 2 during mid-day trading on Thursday, reaching GBX 75.40. 505,074 shares of the company traded hands, compared to its average volume of 324,525. The company has a debt-to-equity ratio of 13.69, a current ratio of -20,564.14 and a quick ratio of 1.16. Distribution Finance Capital has a 52-week low of GBX 45 and a 52-week high of GBX 79. The firm has a market capitalization of £124.02 million, a price-to-earnings ratio of 8.98 and a beta of 0.87. The firm’s 50 day moving average price is GBX 70.73 and its 200 day moving average price is GBX 62.79.

Wall Street Analyst Weigh In

Separately, Shore Capital Group increased their price target on shares of Distribution Finance Capital from GBX 90 to GBX 94 and gave the company a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Distribution Finance Capital currently has a consensus rating of “Buy” and a consensus price target of GBX 94.

Distribution Finance Capital Company Profile

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.