McBride (LON:MCB) Announces Earnings Results

Key Points

• McBride reported a quarterly earnings per share (EPS) of GBX 22.10, with a net margin of 3.56% and a return on equity of 62.24%.
• The company’s stock, which has a market cap of £206.91 million, opened at GBX 121.21 on the day of the earnings announcement, reflecting a 13.1% increase.
• McBride specializes in manufacturing private label and contract products for the household and professional cleaning markets in Europe.

McBride (LON:MCB - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 22.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. McBride had a return on equity of 62.24% and a net margin of 3.56%.

McBride Stock Up 0.7%

Shares of MCB stock traded up GBX 0.80 during mid-day trading on Friday, hitting GBX 122.40. The company's stock had a trading volume of 549,983 shares, compared to its average volume of 394,858. McBride has a 52-week low of GBX 93.17 and a 52-week high of GBX 162. The business has a 50-day moving average price of GBX 121.94 and a 200 day moving average price of GBX 137.07. The company has a debt-to-equity ratio of 222.08, a quick ratio of 0.54 and a current ratio of 0.92. The stock has a market cap of £208.94 million, a price-to-earnings ratio of 539.21, a PEG ratio of -0.36 and a beta of 1.17.

Wall Street Analyst Weigh In

Separately, Peel Hunt reiterated a "buy" rating and set a GBX 190 price objective on shares of McBride in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of GBX 190.

McBride Company Profile

We are the leading European manufacturer and supplier of Private Label and Contract Manufactured products for the domestic household and professional cleaning and hygiene markets.