The Gym Group (LON:GYM) Releases Earnings Results

Key Points

• The Gym Group reported a quarterly earnings per share of GBX 2.80 but faced challenges with a negative net margin of 0.97% and a return on equity of -1.64%.
• Despite the struggles, analysts remain optimistic, with several issuing "buy" ratings and a consensus target price of GBX 193.33 for the stock.
• The stock has seen a price range between GBX 119 and GBX 174.21 over the past year, with current trading around GBX 148.60.

The Gym Group (LON:GYM - Get Free Report) released its quarterly earnings data on Wednesday. The company reported GBX 2.80 earnings per share for the quarter, Digital Look Earnings reports. The Gym Group had a negative net margin of 0.97% and a negative return on equity of 1.64%.

The Gym Group Stock Performance

Shares of GYM opened at GBX 148.60 on Wednesday. The Gym Group has a one year low of GBX 119 and a one year high of GBX 174.21. The company has a 50-day moving average of GBX 146.92 and a two-hundred day moving average of GBX 142.24. The stock has a market cap of £262.83 million, a price-to-earnings ratio of 6,191.67, a PEG ratio of -12.95 and a beta of 1.75. The company has a debt-to-equity ratio of 307.68, a current ratio of 0.20 and a quick ratio of 0.27.

Analysts Set New Price Targets

GYM has been the topic of a number of analyst reports. Shore Capital reaffirmed a "buy" rating and issued a GBX 200 price objective on shares of The Gym Group in a report on Wednesday. Berenberg Bank reiterated a "buy" rating and issued a GBX 195 target price on shares of The Gym Group in a research report on Thursday, July 10th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of GBX 193.33.

The Gym Group Company Profile

The Gym Group plc, together with its subsidiaries, operates a network of gym facilities under the Gym Group brand name in the United Kingdom. The company was founded in 2007 and is based in Croydon, the United Kingdom.

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