THG (LON:THG) Shares Up 17.9% - What's Next?

Key Points

• THG Plc's stock increased by 17.9%, closing at GBX 36.54, with a trading volume significantly above the average.
• The company's market capitalization is approximately £474.81 million, and analysts have mixed ratings with an average target price of GBX 44.
• THG reported a quarterly EPS of GBX (0.05) and is expected to have a negative EPS of around -6.72 for the current fiscal year.

THG Plc (LON:THG - Get Free Report) shares traded up 17.9% on Wednesday . The company traded as high as GBX 36.80 ($0.50) and last traded at GBX 36.54 ($0.50). 15,462,978 shares changed hands during trading, an increase of 116% from the average session volume of 7,146,688 shares. The stock had previously closed at GBX 31 ($0.42).

Wall Street Analyst Weigh In

THG has been the subject of several recent research reports. Jefferies Financial Group reduced their price target on shares of THG from GBX 58 to GBX 55 and set a "buy" rating for the company in a report on Friday, September 12th. JPMorgan Chase & Co. reduced their price target 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 equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, THG presently has a consensus rating of "Hold" and a consensus price target of GBX 44.

THG Stock Performance

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 cap of £468.54 million, a P/E ratio of -149.25, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The firm's 50 day moving average is GBX 30.83 and its 200 day moving average is GBX 29.79.

THG (LON:THG - Get Free Report) last posted its quarterly earnings data on Thursday, September 11th. The company reported GBX (0.05) EPS for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. Analysts anticipate that THG Plc will post -6.7170435 EPS for the current year.

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.