THG (LON:THG) Earns Buy Rating from Jefferies Financial Group

THG (LON:THG)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a research note issued on Tuesday,London Stock Exchange reports. They currently have a GBX 60 target price on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 47.36% from the company’s previous close.

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of THG in a research report on Monday, January 19th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 57.50.

THG Stock Performance

THG stock opened at GBX 40.72 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 131.97. The company has a market capitalization of £634.24 million, a price-to-earnings ratio of 10.18, a P/E/G ratio of -0.08 and a beta of 2.46. THG has a 12 month low of GBX 22.90 and a 12 month high of GBX 52.55. The firm has a 50 day moving average of GBX 32.66 and a two-hundred day moving average of GBX 39.63.

THG (LON:THG) last posted its earnings results on Thursday, March 26th. The company reported GBX (0.04) EPS for the quarter. THG had a return on equity of 12.75% and a net margin of 3.15%. As a group, equities analysts anticipate that THG will post -6.7170435 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Matthew Moulding bought 24,395,170 shares of the business’s stock in a transaction on Friday, February 20th. The stock was purchased at an average price of GBX 35 per share, with a total value of £8,538,309.50. 22.90% of the stock is owned by company insiders.

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. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.