Foxtons Group (LON:FOXT) Announces Quarterly Earnings Results

Key Points

• Foxtons Group reported earnings per share of GBX 2.70 ($0.04) for the quarter, with a net margin of 4.69% and a return on equity of 5.66%.
• The company's stock decreased by 4.6%, trading at GBX 57.50 ($0.77) during mid-day, with a market cap of £175.23 million.
• Foxtons operates in the UK residential property market through three segments: Lettings, Sales, and Financial Services.

Foxtons Group (LON:FOXT - Get Free Report) issued its earnings results on Wednesday. The company reported GBX 2.70 ($0.04) EPS for the quarter, Digital Look Earnings reports. Foxtons Group had a net margin of 4.69% and a return on equity of 5.66%.

Foxtons Group Stock Down 0.5%

Shares of LON FOXT traded down GBX 0.30 ($0.00) during midday trading on Friday, reaching GBX 58.30 ($0.77). 5,330,899 shares of the company's stock traded hands, compared to its average volume of 506,532. The company has a quick ratio of 0.90, a current ratio of 0.70 and a debt-to-equity ratio of 44.83. The stock's 50 day simple moving average is GBX 62.95 and its 200-day simple moving average is GBX 62.48. Foxtons Group has a one year low of GBX 50.32 ($0.67) and a one year high of GBX 71.18 ($0.94). The company has a market cap of £177.67 million, a price-to-earnings ratio of 24.36, a P/E/G ratio of 0.83 and a beta of 1.70.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 78 ($1.04) target price on shares of Foxtons Group in a research note on Thursday.

Foxtons Group Company Profile

Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. The company operates through three segments: Lettings, Sales, and Financial Services. The Lettings segment engages in letting and management of residential properties. The Sales segment sells residential properties.