Imperial Brands (LON:IMB) Stock Price Up 1.4% - Here's Why

Key Points

• Imperial Brands shares increased by 1.4% during mid-day trading, reaching a last recorded price of GBX 2,954 ($39.02).
• The company reported a quarterly EPS of GBX 123.90 ($1.64) and has a debt-to-equity ratio of 166.91, indicating high leverage.
• Analysts forecast that Imperial Brands will post an EPS of 246.57 for the current year, reflecting the company's growth potential.

Imperial Brands PLC (LON:IMB - Get Free Report)'s stock price shot up 1.4% on Thursday . The company traded as high as GBX 2,956.07 ($39.24) and last traded at GBX 2,954 ($39.21). 1,892,961 shares traded hands during trading, a decline of 61% from the average session volume of 4,906,220 shares. The stock had previously closed at GBX 2,913 ($38.66).

Imperial Brands Stock Performance

The stock has a market cap of £24.76 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The company has a debt-to-equity ratio of 166.91, a current ratio of 0.72 and a quick ratio of 0.41. The business has a 50 day moving average price of GBX 2,881.59 and a two-hundred day moving average price of GBX 2,837.60.

Imperial Brands (LON:IMB - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported GBX 123.90 ($1.64) EPS for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. As a group, equities research analysts forecast that Imperial Brands PLC will post 246.5723613 EPS for the current fiscal year.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company. We're driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world's one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.