THG (LON:THG) Stock Price Down 0.5% - Here's Why

Key Points

• THG Plc shares declined by 0.5%, closing at GBX 26.94 ($0.36) with a trading volume 12% lower than the average session volume.
• Analyst ratings for THG show a consensus of Hold, with a reported average target price of GBX 47.33, despite one brokerage downgrading its price target from GBX 28 to GBX 24.
• THG has a market capitalization of £352.36 million, with a PE ratio of -112.24 and a debt-to-equity ratio of 75.19, indicating financial strain despite its position in the e-commerce and digital brand market.

THG Plc (LON:THG - Get Free Report)'s stock price traded down 0.5% on Tuesday . The company traded as low as GBX 26.20 ($0.36) and last traded at GBX 26.94 ($0.37). 6,239,362 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 7,065,436 shares. The stock had previously closed at GBX 27.08 ($0.37).

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Jefferies Financial Group decreased their price target on THG from GBX 58 to GBX 55 and set a "buy" rating for the company in a research report on Friday. 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 report 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.com, the stock has an average rating of "Hold" and a consensus target price of GBX 44.

THG Price Performance

The stock has a market capitalization of £396.86 million, a price-to-earnings ratio of -126.42, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 75.19. The stock has a 50-day simple moving average of GBX 30.73 and a 200 day simple moving average of GBX 29.73.

THG (LON:THG - Get Free Report) last announced 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%. On average, equities research analysts forecast that THG Plc will post -6.7170435 EPS for the current fiscal 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.