Tracsis (LON:TRCS) Posts Quarterly Earnings Results

Key Points

• Tracsis reported quarterly EPS of GBX 10.42 on revenue of GBX 3,893 million, but achieved only a very thin net margin (0.63%) and low return on equity (0.78%).
• The company has a market capitalization of £95.88 million, a high P/E of 190.62 and substantial leverage (debt-to-equity 4.07), signaling an expensive valuation and elevated financial risk.
• Berenberg Bank reiterated a Buy rating with a target price of GBX 550, which matches the consensus target and sits above the stock's 12‑month high of GBX 520.

Tracsis (LON:TRCS - Get Free Report) posted its earnings results on Tuesday. The company reported GBX 10.42 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 3,893 million for the quarter. Tracsis had a net margin of 0.63% and a return on equity of 0.78%.

Tracsis Stock Performance

Shares of TRCS stock opened at GBX 322.15 on Tuesday. Tracsis has a 12 month low of GBX 280 and a 12 month high of GBX 520. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.74 and a quick ratio of 0.98. The firm has a market capitalization of £95.88 million, a P/E ratio of 190.62 and a beta of 0.62. The company's fifty day moving average price is GBX 316.77 and its two-hundred day moving average price is GBX 322.53.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a "buy" rating and set a GBX 550 target price on shares of Tracsis in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 550.

Tracsis Company Profile

Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytics/GIS services for the rail, traffic data and wider transport industries. Tracsis's products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision making capabilities and improve the overall end-user experience for clients and customers. The Group is split into two principal operating areas built around detailed industry knowledge and expertise: Rail Technology & Services: A software, technology and product led business.

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