THG (LON:THG) Announces Quarterly Earnings Results

Key Points

• THG reported a quarterly earnings loss with an earnings per share (EPS) of GBX (0.05), a negative return on equity of 24.45%, and a negative net margin of 11.77%.
• The company's stock opened at GBX 31.40 and is experiencing volatility with a price-to-earnings ratio of -130.83 and a high beta of 2.40.
• Analysts have mixed views on THG, with one "buy," one "hold," and one "sell" rating, and a consensus target price of GBX 47.33.

THG (LON:THG - Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX (0.05) EPS for the quarter, Digital Look Earnings reports. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%.

THG Trading Up 5.4%

LON THG traded up GBX 1.58 during trading on Tuesday, hitting GBX 31. The stock had a trading volume of 6,682,737 shares, compared to its average volume of 7,104,831. The company has a debt-to-equity ratio of 75.19, a quick ratio of 0.89 and a current ratio of 1.25. The stock has a market capitalization of £405.49 million, a price-to-earnings ratio of -129.17, a P/E/G ratio of -0.08 and a beta of 2.40. THG has a one year low of GBX 22.90 and a one year high of GBX 68.20. The stock has a 50 day simple moving average of GBX 30.69 and a 200 day simple moving average of GBX 29.71.

Wall Street Analysts Forecast Growth

THG has been the subject of several recent analyst reports. Jefferies Financial Group dropped their target price on shares of THG from GBX 58 to GBX 55 and set a "buy" rating for the company in a report on Friday. JPMorgan Chase & Co. dropped their target price on shares of THG from GBX 28 to GBX 24 and set an "underweight" rating for the company in a report on Tuesday, August 19th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, THG presently has a consensus rating of "Hold" and an average target price of GBX 44.

About THG

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age. We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel. THG is home to three key divisions: Beauty, Nutrition, and Ingenuity.