Foxtons Group (LON:FOXT) Issues 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) released its quarterly earnings data on Wednesday. The company reported GBX 2.70 ($0.04) earnings per share 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, hitting GBX 58.30 ($0.77). 5,330,899 shares of the stock traded hands, compared to its average volume of 506,532. The company has a market cap of £177.67 million, a PE ratio of 24.36, a P/E/G ratio of 0.83 and a beta of 1.70. 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 business has a 50 day moving average price of GBX 62.95 and a two-hundred day moving average price of GBX 62.50. The company has a debt-to-equity ratio of 44.83, a quick ratio of 0.90 and a current ratio of 0.70.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 78 ($1.04) price objective on shares of Foxtons Group in a report on Thursday.

About Foxtons Group

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.