Free Trial

Luceco (LON:LUCE) Releases Quarterly Earnings Results

Luceco logo with Industrials background

Key Points

  • Luceco reported earnings of GBX 5.90 per share for the quarter, achieving a return on equity of 19.86% and a net margin of 8.41%.
  • The stock has received a buy rating from Berenberg Bank, with a target price of GBX 160, reflecting positive analyst sentiment.
  • Luceco's current market capitalization is approximately £192.73 million, with stock trading between a 1-year low of GBX 108.26 and a high of GBX 168.02.
  • MarketBeat previews the top five stocks to own by November 1st.

Luceco (LON:LUCE - Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 5.90 earnings per share for the quarter, Digital Look Earnings reports. Luceco had a return on equity of 19.86% and a net margin of 8.41%.

Luceco Stock Down 1.6%

LUCE traded down GBX 2 on Friday, hitting GBX 127. The company had a trading volume of 652,317 shares, compared to its average volume of 193,423. The stock has a fifty day moving average price of GBX 129.49 and a 200-day moving average price of GBX 136.06. Luceco has a 12-month low of GBX 108.26 and a 12-month high of GBX 168.02. The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.51 and a current ratio of 2.18. The stock has a market capitalization of £191.22 million, a price-to-earnings ratio of 1,336.84, a P/E/G ratio of 0.62 and a beta of 1.29.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 160 price objective on shares of Luceco in a report on Monday, September 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of GBX 160.

Check Out Our Latest Report on Luceco

About Luceco

(Get Free Report)

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.

See Also

Should You Invest $1,000 in Luceco Right Now?

Before you consider Luceco, 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 Luceco wasn't on the list.

While Luceco currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.