Genuit Group (LON:GEN) Issues Quarterly Earnings Results

Key Points

• Genuit Group reported a quarterly earnings per share (EPS) of GBX 11.60 ($0.16) with a return on equity of 3.74% and a net margin of 4.26%.
• The company's stock price opened at GBX 359.50 ($4.83) with a fifty-two week range of GBX 301 ($4.04) to GBX 513 ($6.89).
• JPMorgan Chase upgraded Genuit Group to an "overweight" rating, increasing its price target from GBX 450 ($6.04) to GBX 490 ($6.58).

Genuit Group (LON:GEN - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 11.60 ($0.16) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Genuit Group had a return on equity of 3.74% and a net margin of 4.26%.

Genuit Group Price Performance

Shares of LON GEN opened at GBX 359.50 ($4.83) on Tuesday. Genuit Group has a fifty-two week low of GBX 301 ($4.04) and a fifty-two week high of GBX 513 ($6.89). The firm's 50-day simple moving average is GBX 389.72 and its 200 day simple moving average is GBX 378.54. The company has a quick ratio of 1.07, a current ratio of 1.47 and a debt-to-equity ratio of 28.10. The stock has a market cap of £891.67 million, a P/E ratio of 37.72, a P/E/G ratio of 3.23 and a beta of 1.28.

Analyst Ratings Changes

Several brokerages recently issued reports on GEN. JPMorgan Chase & Co. upgraded Genuit Group to an "overweight" rating and raised their price objective for the stock from GBX 450 ($6.04) to GBX 490 ($6.58) in a research note on Wednesday, July 9th. Berenberg Bank reiterated a "buy" rating and issued a GBX 525 ($7.05) target price on shares of Genuit Group in a research note on Monday, May 19th.

About Genuit Group

Genuit Group plc is the UK's largest provider of sustainable water, climate and ventilation products for the built environment. Genuit's solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets. The Group is divided into three Business Units, each of which addresses specific challenges in the built environment: - Climate Management Solutions - Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.

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