Everplay Group (LON:EVPL) Trading Up 9.1% - Time to Buy?

Key Points

• Everplay Group shares surged 9.1% to GBX 423.50, reaching GBX 425 intraday, while trading volume rose 155% above the average.
• Analyst sentiment is broadly positive: all five covering analysts rate the stock a Buy, with a consensus price target of GBX 454. Recent targets range from GBX 380 to GBX 495.
• The company reported quarterly EPS of GBX 3.70, but continued to post a slightly negative net margin of 0.18% and negative return on equity of 0.12%; analysts expect full-year EPS of about GBX 24.11.

Everplay Group Plc (LON:EVPL - Get Free Report)'s share price traded up 9.1% during trading on Friday . The company traded as high as GBX 425 and last traded at GBX 423.50. Approximately 1,901,000 shares traded hands during mid-day trading, an increase of 155% from the average daily volume of 746,895 shares. The stock had previously closed at GBX 388.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Shore Capital Group upgraded shares of Everplay Group to a "buy" rating and set a GBX 460 price target on the stock in a report on Tuesday. Berenberg Bank increased their target price on shares of Everplay Group from GBX 370 to GBX 495 and gave the company a "buy" rating in a research report on Wednesday. Jefferies Financial Group restated a "buy" rating and issued a GBX 380 target price on shares of Everplay Group in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 455 price target on shares of Everplay Group in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of GBX 454.

Everplay Group Stock Performance

The firm has a market cap of £610.24 million, a price-to-earnings ratio of 22.53, a P/E/G ratio of 3.16 and a beta of 0.31. 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 firm has a fifty day simple moving average of GBX 256.85 and a two-hundred day simple moving average of GBX 257.12.

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

About Everplay Group

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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