Premier Miton Group (LON:PMI) Releases Quarterly Earnings Results

Premier Miton Group (LON:PMI) released its quarterly earnings data on Thursday. The company reported GBX 1.54 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 2,692 million for the quarter. Premier Miton Group had a net margin of 1.90% and a return on equity of 1.07%.

Premier Miton Group Stock Performance

Shares of PMI stock opened at GBX 36 on Thursday. Premier Miton Group has a 52 week low of GBX 35 and a 52 week high of GBX 78. The company has a market capitalization of £56.73 million, a price-to-earnings ratio of 47.37 and a beta of 0.50. The company has a 50-day simple moving average of GBX 39.65 and a 200 day simple moving average of GBX 46.39. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.21 and a current ratio of 1.27.

Analysts Set New Price Targets

Separately, Shore Capital Group lowered shares of Premier Miton Group to a “buy” rating and set a GBX 58 price objective on the stock. in a research note on Thursday, April 16th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 58.

Insider Transactions at Premier Miton Group

In related news, insider Michael Patrick O’Shea purchased 4,463 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average price of GBX 40 per share, for a total transaction of £1,785.20. Also, insider Piers Godfrey Harrison purchased 4,463 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The stock was bought at an average price of GBX 40 per share, for a total transaction of £1,785.20. 10.79% of the stock is currently owned by corporate insiders.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.