International Personal Finance (LON:IPF) Trading 20% Higher - Still a Buy?

Key Points

• International Personal Finance shares surged by 20% on Thursday, reaching GBX 215 ($2.85) with a trading volume that increased by 662% compared to the average daily volume.
• Shore Capital has reiterated a "buy" rating for the stock, signaling confidence in the company's performance.
• The company reported a quarterly earnings per share (EPS) of GBX 14.20 ($0.19) with analysts projecting an annual EPS of 22.10 for the current year.

International Personal Finance plc (LON:IPF - Get Free Report) shares rose 20% during trading on Thursday . The stock traded as high as GBX 215 ($2.85) and last traded at GBX 215 ($2.85). Approximately 3,820,783 shares were traded during trading, an increase of 662% from the average daily volume of 501,498 shares. The stock had previously closed at GBX 179.20 ($2.38).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "buy" rating on shares of International Personal Finance in a research report on Wednesday, July 30th.

International Personal Finance Price Performance

The stock has a market capitalization of £461.44 million, a P/E ratio of 10.28, a price-to-earnings-growth ratio of 0.32 and a beta of 1.33. The company's 50-day simple moving average is GBX 170.54 and its 200-day simple moving average is GBX 149.28. The company has a debt-to-equity ratio of 117.92, a current ratio of 3.58 and a quick ratio of 3.69.

International Personal Finance (LON:IPF - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported GBX 14.20 ($0.19) earnings per share for the quarter. International Personal Finance had a net margin of 6.45% and a return on equity of 9.98%. As a group, sell-side analysts expect that International Personal Finance plc will post 22.0982143 EPS for the current fiscal year.

International Personal Finance Company Profile

International Personal Finance plc is helping to build a better world through financial inclusion by providing affordable credit products and insurance services to underserved consumers across nine markets. Our 1.7 million customers, who have low to medium incomes and a limited credit history, turn to us to fulfil their plans when it really matters.