Evoke (LON:EVOK) Issues Earnings Results

Key Points

• Evoke reported EPS of GBX (121.80) for the quarter (a loss of 121.80 pence), with revenue of GBX 178.19 billion, a negative net margin of 30.73% but a high return on equity of 125.82%.
• Shares fell about 5.1%, opening at GBX 35.13 and trading near their 12‑month midpoint (12‑month low GBX 19.76, high GBX 75.50) with a market cap of £158.2 million and a negative PE of -0.29.
• Analysts hold a consensus “Hold” rating with an average target of GBX 34 after recent downgrades, including Deutsche Bank cutting its target to GBX 35.

Evoke (LON:EVOK - Get Free Report) posted its earnings results on Tuesday. The company reported GBX (121.80) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of GBX 178.19 billion for the quarter. Evoke had a negative net margin of 30.73% and a positive return on equity of 125.82%.

Evoke Stock Down 5.1%

Shares of Evoke stock opened at GBX 35.13 on Tuesday. Evoke has a twelve month low of GBX 19.76 and a twelve month high of GBX 75.50. The business has a 50-day moving average price of GBX 32.33 and a 200 day moving average price of GBX 30.42. The firm has a market cap of £158.20 million, a PE ratio of -0.29 and a beta of 0.97.

Analyst Ratings Changes

A number of research analysts recently issued reports on EVOK shares. Berenberg Bank restated a "hold" rating and set a GBX 33 target price on shares of Evoke in a research report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft downgraded shares of Evoke to a "hold" rating and decreased their target price for the company from GBX 108 to GBX 35 in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of GBX 34.

About Evoke

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