Eleco (LON:ELCO) Releases Quarterly Earnings Results

Key Points

• Eleco reported GBX 6.30 EPS for the quarter on revenue of GBX 3,882 million, with a net margin of 10.74% and a return on equity of 11.98%.
• Shares were trading up 4.9%, opening at GBX 128.98; the 12‑month range is GBX 101–182.40, market capitalization is £107.35 million, and the P/E is 28.66.
• Analyst Canaccord Genuity raised its target from GBX 176 to GBX 196 and maintained a Buy rating; MarketBeat shows a consensus rating of Buy with a consensus price target of GBX 196.

Eleco (LON:ELCO - Get Free Report) announced its earnings results on Tuesday. The company reported GBX 6.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 3,882 million during the quarter. Eleco had a net margin of 10.74% and a return on equity of 11.98%.

Eleco Trading Up 4.9%

ELCO opened at GBX 128.98 on Tuesday. Eleco has a twelve month low of GBX 101 and a twelve month high of GBX 182.40. The company has a 50-day simple moving average of GBX 123.79 and a 200 day simple moving average of GBX 134.12. The company has a quick ratio of 1.23, a current ratio of 0.90 and a debt-to-equity ratio of 4.30. The stock has a market capitalization of £107.35 million, a price-to-earnings ratio of 28.66 and a beta of 0.66.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group boosted their target price on shares of Eleco from GBX 176 to GBX 196 and gave the company a "buy" rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of GBX 196.

Eleco Company Profile

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