Temple Bar (LON:TMPL) Issues Quarterly Earnings Results

Key Points

• Temple Bar reported quarterly earnings with an EPS of GBX 8.20, demonstrating a high net margin of 98.26% and a robust return on equity of 20.62%.
• The stock opened at GBX 344.89, with a market cap of £986.65 million and a PE ratio of 6.40, indicating favorable valuation metrics.
• Temple Bar aims to provide investors with a growing income and capital growth by investing primarily in UK equities, with a focus on FTSE 350 companies.

Temple Bar (LON:TMPL - Get Free Report) released its earnings results on Wednesday. The company reported GBX 8.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Temple Bar had a return on equity of 20.62% and a net margin of 98.26%.

Temple Bar Stock Performance

Shares of LON TMPL traded up GBX 6 during mid-day trading on Friday, hitting GBX 349. The company had a trading volume of 821,999 shares, compared to its average volume of 747,868. The company has a market capitalization of £998.42 million, a price-to-earnings ratio of 6.48 and a beta of 1.11. Temple Bar has a 1 year low of GBX 249.36 and a 1 year high of GBX 350. The company has a current ratio of 5.17, a quick ratio of 3.68 and a debt-to-equity ratio of 9.47. The stock's 50-day moving average price is GBX 329.57 and its 200-day moving average price is GBX 307.71.

Insider Buying and Selling at Temple Bar

In related news, insider Nicholas Bannerman purchased 5,000 shares of Temple Bar stock in a transaction dated Wednesday, August 20th. The stock was bought at an average cost of GBX 345 per share, for a total transaction of £17,250. Company insiders own 4.65% of the company's stock.

About Temple Bar

Temple Bar's investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies.