Everplay Group (LON:EVPL) Sets New 1-Year High - Time to Buy?

Key Points

• Everplay Group shares hit a new 52-week high of GBX 462, last trading at GBX 456.15 after rising from a previous close of GBX 423.50.
• Analysts remain bullish, with five Buy ratings and a consensus rating of “Buy.” The average price target is GBX 454, with Berenberg’s target the highest at GBX 495.
• The company reported quarterly EPS of GBX 3.70, but posted slightly negative net margin and return on equity. Everplay has a £658.16 million market capitalization and a debt-to-equity ratio of 1.27.

Everplay Group Plc (LON:EVPL - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 462 and last traded at GBX 456.15, with a volume of 3534877 shares trading hands. The stock had previously closed at GBX 423.50.

Wall Street Analysts Forecast Growth

EVPL has been the subject of several recent analyst reports. Shore Capital Group raised shares of Everplay Group to a "buy" rating and set a GBX 460 price target for the company in a report on Tuesday, September 15th. Berenberg Bank increased their price objective 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. Jefferies Financial Group reissued a "buy" rating and set a GBX 380 target price on shares of Everplay Group in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a GBX 455 price target on shares of Everplay Group in a research report on Tuesday, September 15th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, Everplay Group currently has an average rating of "Buy" and a consensus target price of GBX 454.

Everplay Group Price Performance

The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. The stock has a market capitalization of £658.16 million, a price-to-earnings ratio of 24.30, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The stock has a 50 day moving average price of GBX 290.03 and a 200-day moving average price of GBX 264.82.

Everplay Group (LON:EVPL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 15th. The company reported GBX 3.70 EPS for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. On average, analysts forecast that Everplay Group Plc will post 24.1106719 earnings per share for the current 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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