Eagle Eye Solutions Group (LON:EYE) Posts Earnings Results

Key Points

• Eagle Eye Solutions Group reported earnings of GBX 5.49 per share for the quarter, with a return on equity of 19.38% and a net margin of 12.01%.
• Insider Timothy J. R. Mason purchased 16,100 shares at an average price of GBX 230, indicating confidence in the company's stock value.
• The company's Board authorized a share buyback plan on July 15th, suggesting that leadership believes the shares are currently undervalued.

Eagle Eye Solutions Group (LON:EYE - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 5.49 earnings per share for the quarter, Digital Look Earnings reports. Eagle Eye Solutions Group had a return on equity of 19.38% and a net margin of 12.01%.

Eagle Eye Solutions Group Price Performance

Shares of LON:EYE opened at GBX 290 on Tuesday. The business has a 50 day moving average price of GBX 226.70 and a 200 day moving average price of GBX 294.91. Eagle Eye Solutions Group has a twelve month low of GBX 190 and a twelve month high of GBX 490. The company has a market cap of £86.71 million, a price-to-earnings ratio of 1,217.46 and a beta of 0.94. The company has a quick ratio of 1.08, a current ratio of 1.54 and a debt-to-equity ratio of 3.25.

Insiders Place Their Bets

In other Eagle Eye Solutions Group news, insider Timothy J. R. Mason bought 16,100 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The stock was purchased at an average price of GBX 230 per share, for a total transaction of £37,030. 25.08% of the stock is currently owned by insiders.

Eagle Eye Solutions Group announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, July 15th that allows the company to buyback 0 shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Analyst Ratings Changes

Separately, Shore Capital reissued a "house stock" rating on shares of Eagle Eye Solutions Group in a report on Tuesday, July 15th.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS technology company transforming marketing by creating digital connections that enable personalised performance marketing in real time through coupons, loyalty, apps, subscriptions and gift services. Eagle Eye AIR enables the secure issuance and redemption of digital offers and rewards at scale, across multiple channels, enabling a single customer view.

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