Distribution Finance Capital (LON:DFCH) Issues Earnings Results

Distribution Finance Capital (LON:DFCH) announced its earnings results on Thursday. The company reported GBX 6 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 Price Performance

LON DFCH traded down GBX 2 on Thursday, hitting GBX 75.40. The company had a trading volume of 505,074 shares, compared to its average volume of 324,525. Distribution Finance Capital has a 12-month low of GBX 45 and a 12-month high of GBX 79. 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. The company’s fifty day moving average price is GBX 70.50 and its 200-day moving average price is GBX 62.73. The company has a market capitalization of £124.02 million, a PE ratio of 8.98 and a beta of 0.87.

Wall Street Analysts Forecast Growth

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