International Personal Finance (LON:IPF) Trading 20% Higher - Should You Buy?

Key Points

• International Personal Finance (LON:IPF) shares surged by 20% during mid-day trading, reaching GBX 215 ($2.87), with trading volume jumping 662% from the daily average.
• Shore Capital reaffirmed a "buy" rating for the company's shares in a recent report.
• The company's recent earnings report showed a net margin of 6.45% and a projected EPS of 22.10 for the current year, indicating positive financial performance.

International Personal Finance plc (LON:IPF - Get Free Report) shares were up 20% during trading on Wednesday . The company traded as high as GBX 215 ($2.84) and last traded at GBX 215 ($2.84). Approximately 3,820,783 shares were traded during mid-day trading, an increase of 662% from the average daily volume of 501,498 shares. The stock had previously closed at GBX 179.20 ($2.37).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a "buy" rating on shares of International Personal Finance in a research note on Wednesday.

International Personal Finance Stock Performance

The company has a debt-to-equity ratio of 117.92, a quick ratio of 3.69 and a current ratio of 3.58. The stock's fifty day moving average price is GBX 169.36 and its 200-day moving average price is GBX 148.41. The company has a market capitalization of £460.73 million, a P/E ratio of 10.27, a PEG ratio of 0.32 and a beta of 1.33.

International Personal Finance (LON:IPF - Get Free Report) last released its quarterly earnings results 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, research analysts anticipate that International Personal Finance plc will post 22.0982143 EPS for the current fiscal year.

About International Personal Finance

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.