McBride (LON:MCB) Announces Quarterly Earnings Results

McBride (LON:MCB) released its earnings results on Tuesday. The company reported GBX 21.60 EPS for the quarter, Digital Look Earnings reports. McBride had a net margin of 3.20% and a return on equity of 30.98%.

McBride Stock Performance

Shares of MCB stock opened at GBX 193.81 on Tuesday. The company has a debt-to-equity ratio of 145.77, a quick ratio of 0.54 and a current ratio of 0.95. The firm has a market capitalization of £329.04 million, a price-to-earnings ratio of 11.47, a price-to-earnings-growth ratio of -0.36 and a beta of 1.51. McBride has a one year low of GBX 106.20 and a one year high of GBX 214.10. The company has a 50 day moving average price of GBX 169.83 and a 200 day moving average price of GBX 159.18.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 275 price objective on shares of McBride in a research report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, McBride has an average rating of “Buy” and an average target price of GBX 232.50.

About McBride

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end?to?end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.