The Property Franchise Group (LON:TPFG) Announces Earnings Results

Key Points

• The Property Franchise Group (LON:TPFG) reported a quarterly earnings per share (EPS) of GBX 18.30, with a return on equity of 8.40% and a net margin of 18.96%.
• Analysts have raised their price targets for TPFG, with a consensus price target of GBX 628.50 and a general rating of "Buy."
• TPFG's stock has experienced significant price movement, reaching a one-year high of GBX 580 and a low of GBX 392.

The Property Franchise Group (LON:TPFG - Get Free Report) issued its earnings results on Wednesday. The company reported GBX 18.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The Property Franchise Group had a return on equity of 8.40% and a net margin of 18.96%.

The Property Franchise Group Price Performance

Shares of LON TPFG traded up GBX 2 during midday trading on Friday, reaching GBX 586. The company's stock had a trading volume of 58,407 shares, compared to its average volume of 152,627. The Property Franchise Group has a 12-month low of GBX 392 and a 12-month high of GBX 586. The firm has a 50 day moving average price of GBX 552.86 and a 200-day moving average price of GBX 496.39. The stock has a market capitalization of £373.59 million, a P/E ratio of 3,329.55 and a beta of 0.42.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TPFG. Canaccord Genuity Group lifted their price target on The Property Franchise Group from GBX 595 to GBX 637 and gave the company a "buy" rating in a research note on Monday, August 4th. Berenberg Bank reiterated a "buy" rating and set a GBX 620 price target on shares of The Property Franchise Group in a research note on Tuesday, September 2nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of GBX 628.50.

About The Property Franchise Group

The Property Franchise Group PLC AIM: TPFG is the UK's largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business. The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.