Celtic (LON:CCP) Releases Quarterly Earnings Results

Celtic (LON:CCP) released its quarterly earnings data on Tuesday. The company reported GBX (5.03) EPS for the quarter, Digital Look Earnings reports. Celtic had a negative net margin of 4.31% and a negative return on equity of 3.02%.

Celtic Stock Down 2.5%

CCP stock traded down GBX 4.40 during mid-day trading on Friday, reaching GBX 170.60. 2,589 shares of the company traded hands, compared to its average volume of 13,660. The company has a quick ratio of 0.86, a current ratio of 1.42 and a debt-to-equity ratio of 3.50. The firm’s 50 day moving average price is GBX 196.70 and its 200 day moving average price is GBX 206.96. The stock has a market cap of £162.31 million, a price-to-earnings ratio of 20.33 and a beta of 0.01. Celtic has a fifty-two week low of GBX 160 and a fifty-two week high of GBX 260.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 215 price target on shares of Celtic in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 215.

Celtic Company Profile

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.