Lenovo Group (OTCMKTS:LNVGY - Get Free Report) announced its earnings results on Thursday. The technology company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04, Zacks reports. Lenovo Group had a net margin of 2.34% and a return on equity of 25.37%. The business had revenue of $16.98 billion during the quarter, compared to the consensus estimate of $15.77 billion.
Lenovo Group Price Performance
Lenovo Group stock opened at $24.61 on Friday. The business has a fifty day moving average of $24.24 and a two-hundred day moving average of $25.72. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.86. The company has a market cap of $15.26 billion, a P/E ratio of 10.25, a price-to-earnings-growth ratio of 0.67 and a beta of 0.78. Lenovo Group has a one year low of $17.84 and a one year high of $35.09.
Lenovo Group Company Profile
(
Get Free Report)
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Lenovo Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lenovo Group wasn't on the list.
While Lenovo Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
