Warpaint London (LON:W7L) Shares Up 9.4% - Should You Buy?

Key Points

• Warpaint London's stock price increased by 9.4% on Wednesday, trading at GBX 218.75 ($2.92), with a trading volume significantly up by 162% compared to its average daily volume.
• Analysts have varied views on the stock, with Berenberg Bank setting a "buy" rating and reducing their price target to GBX 510, while the Royal Bank of Canada lowered its target to GBX 440 with an "outperform" rating.
• The company reported an earnings per share of GBX 8.52 for its last quarterly earnings, which reflects a net margin of 17.35% and a return on equity of 35.04%.

Warpaint London PLC (LON:W7L - Get Free Report)'s stock price rose 9.4% on Wednesday . The company traded as high as GBX 220 ($2.94) and last traded at GBX 218.75 ($2.92). Approximately 1,046,449 shares changed hands during mid-day trading, an increase of 162% from the average daily volume of 399,187 shares. The stock had previously closed at GBX 200 ($2.67).

Analyst Upgrades and Downgrades

A number of analysts have commented on W7L shares. Shore Capital reaffirmed a "house stock" rating on shares of Warpaint London in a research note on Wednesday, September 10th. Royal Bank Of Canada reduced their price target on shares of Warpaint London from GBX 700 to GBX 440 and set an "outperform" rating for the company in a research report on Tuesday, October 7th. Finally, Berenberg Bank decreased their price objective on shares of Warpaint London from GBX 700 to GBX 510 and set a "buy" rating for the company in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Warpaint London currently has an average rating of "Buy" and a consensus price target of GBX 475.

Warpaint London Stock Performance

The firm's fifty day moving average is GBX 252.82 and its 200 day moving average is GBX 354.01. The firm has a market capitalization of £181.77 million, a price-to-earnings ratio of 11.40 and a beta of 0.60. The company has a debt-to-equity ratio of 2.55, a current ratio of 3.46 and a quick ratio of 1.56.

Warpaint London (LON:W7L - Get Free Report) last released its quarterly earnings data on Wednesday, September 10th. The company reported GBX 8.52 earnings per share for the quarter. Warpaint London had a net margin of 17.35% and a return on equity of 35.04%. On average, analysts predict that Warpaint London PLC will post 25.1837335 EPS for the current fiscal year.

About Warpaint London

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.

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