Ten Lifestyle Group (LON:TENG) Issues Quarterly Earnings Results

Ten Lifestyle Group (LON:TENG) issued its quarterly earnings results on Wednesday. The company reported GBX 3.90 EPS for the quarter, Digital Look Earnings reports. Ten Lifestyle Group had a return on equity of 5.18% and a net margin of 1.95%. The company had revenue of GBX 7,381 million for the quarter.

Ten Lifestyle Group Stock Performance

Shares of TENG traded down GBX 2.19 during mid-day trading on Wednesday, reaching GBX 90.31. The company’s stock had a trading volume of 201,697 shares, compared to its average volume of 131,995. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 30.85. Ten Lifestyle Group has a 1-year low of GBX 51.76 and a 1-year high of GBX 104. The business has a 50-day simple moving average of GBX 96.75 and a two-hundred day simple moving average of GBX 86.07. The stock has a market cap of £87.39 million, a P/E ratio of 64.50 and a beta of 0.92.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “buy” rating and issued a GBX 189 price objective on shares of Ten Lifestyle Group in a report on Wednesday. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 189.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group (‘Ten’) partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers. Millions of members have access to Ten’s services across lifestyle, travel, dining and entertainment on behalf of over fifty clients. Ten’s partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees. Ten’s operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and over 25 years of proprietary expertise delivered from over 20 global offices.