Everplay Group (LON:EVPL) Hits New 12-Month High - Here's Why

Key Points

• Everplay Group shares reached a new 52-week high of GBX 441.51 and last traded at GBX 439, up from the previous close of GBX 423.50.
• Analyst sentiment remains positive: five analysts rate the stock a Buy, with a consensus price target of GBX 454. Berenberg raised its target to GBX 495, while Shore Capital, RBC and Jefferies also maintained positive ratings.
• The company reported quarterly EPS of GBX 3.70, although it posted a negative net margin of 0.18% and negative return on equity of 0.12%. Everplay has a market capitalization of approximately £636.9 million and analysts expect full-year EPS of about 24.11 pence.

Everplay Group Plc (LON:EVPL - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as GBX 441.51 and last traded at GBX 439, with a volume of 815653 shares trading hands. The stock had previously closed at GBX 423.50.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on EVPL. Shore Capital Group raised Everplay Group to a "buy" rating and set a GBX 460 price target for the company in a research report on Tuesday, September 15th. Berenberg Bank raised their price target on shares of Everplay Group from GBX 370 to GBX 495 and gave the company a "buy" rating in a report on Wednesday, September 16th. Royal Bank Of Canada restated an "outperform" rating and set a GBX 455 price objective on shares of Everplay Group in a report on Tuesday, September 15th. Finally, Jefferies Financial Group reissued a "buy" rating and issued a GBX 380 target price on shares of Everplay Group in a research report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of GBX 454.

Everplay Group Stock Performance

The company has a market cap of £636.90 million, a P/E ratio of 23.51, a PEG ratio of 3.16 and a beta of 0.31. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The company has a 50 day moving average price of GBX 260.83 and a 200-day moving average price of GBX 258.04.

Everplay Group (LON:EVPL - Get Free Report) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 3.70 EPS for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. Equities analysts expect that Everplay Group Plc will post 24.1106719 EPS for the current fiscal year.

Everplay Group Company Profile

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile. The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.

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