THG (LON:THG) Posts 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) released its quarterly earnings results on Thursday. The company reported GBX (0.05) earnings per share (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 9.6%

THG stock opened at GBX 31.40 on Thursday. The business has a 50 day moving average price of GBX 30.79 and a two-hundred day moving average price of GBX 29.88. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19. The stock has a market cap of £410.72 million, a price-to-earnings ratio of -130.83, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. THG has a 12 month low of GBX 22.90 and a 12 month high of GBX 68.20.

Analyst Ratings Changes

Several research firms have recently issued reports on THG. Jefferies Financial Group reiterated a "buy" rating and set a GBX 65 price target on shares of THG in a research note on Thursday, August 7th. JPMorgan Chase & Co. decreased their price target on THG from GBX 28 to GBX 24 and set an "underweight" rating for the company in a research note on Tuesday, August 19th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 47.33.

THG Company Profile

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.

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