Gamma Communications (LON:GAMA) Posts Earnings Results

Key Points

• Gamma reported GBX 69.50 EPS for the quarter, with a return on equity of 13.77% and a net margin of 11.03%.
• Shares fell GBX 54 to GBX 778 on Tuesday on below-average volume (1.67M vs. 2.70M average); the company has a market cap of £712.7M, a PE of 11.21 and a 12‑month range of GBX 750–1,376.
• Analysts maintain a consensus Buy rating with a consensus price target of GBX 1,572.50, although Citigroup trimmed its target to GBX 1,400 while Berenberg stayed bullish at GBX 1,570.

Gamma Communications (LON:GAMA - Get Free Report) posted its earnings results on Tuesday. The company reported GBX 69.50 earnings per share for the quarter, Digital Look Earnings reports. Gamma Communications had a return on equity of 13.77% and a net margin of 11.03%.

Gamma Communications Stock Performance

Gamma Communications stock traded down GBX 54 during mid-day trading on Tuesday, reaching GBX 778. 1,665,459 shares of the company were exchanged, compared to its average volume of 2,700,164. The firm's 50-day simple moving average is GBX 891.23 and its two-hundred day simple moving average is GBX 934.91. Gamma Communications has a twelve month low of GBX 750 and a twelve month high of GBX 1,376. The firm has a market cap of £712.73 million, a PE ratio of 11.21, a price-to-earnings-growth ratio of 2.79 and a beta of 0.65. The company has a debt-to-equity ratio of 17.72, a quick ratio of 2.45 and a current ratio of 1.22.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Citigroup dropped their price target on Gamma Communications from GBX 1,420 to GBX 1,400 and set a "buy" rating on the stock in a research note on Thursday, January 15th. Berenberg Bank reissued a "buy" rating and issued a GBX 1,570 price objective on shares of Gamma Communications in a report on Tuesday. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Gamma Communications currently has a consensus rating of "Buy" and a consensus price target of GBX 1,572.50.

Gamma Communications Company Profile

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.

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