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Cohort (LON:CHRT) Posts Quarterly Earnings Results

Cohort logo with Industrials background

Cohort (LON:CHRT - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 54.44 ($0.73) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Cohort had a net margin of 7.56% and a return on equity of 14.91%.

Cohort Trading Up 1.7%

Shares of Cohort stock traded up GBX 26 ($0.35) during trading on Friday, hitting GBX 1,552 ($20.83). 258,458 shares of the company were exchanged, compared to its average volume of 203,233. The firm has a market capitalization of £704.46 million, a P/E ratio of 40.99 and a beta of 0.56. Cohort has a 1-year low of GBX 760.50 ($10.21) and a 1-year high of GBX 1,796 ($24.11). The firm's fifty day moving average price is GBX 1,525.45 and its 200 day moving average price is GBX 1,301.84. The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93.

Insider Transactions at Cohort

In other news, insider Andrew Stephen Thomis sold 51,141 shares of Cohort stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of GBX 1,743 ($23.40), for a total transaction of £891,387.63 ($1,196,493.46). Also, insider Nicholas Martin Prest sold 350,000 shares of Cohort stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of GBX 1,743 ($23.40), for a total value of £6,100,500 ($8,188,590.60). In the last ninety days, insiders sold 560,452 shares of company stock worth $976,704,036. 39.22% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "buy" rating and set a GBX 1,630 ($21.88) price objective on shares of Cohort in a research note on Wednesday.

Check Out Our Latest Stock Report on CHRT

About Cohort

(Get Free Report)

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. The Group is split into two segments: Communications and Intelligence - EID designs and manufactures advanced communications systems for naval and military customers.

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