ProCook Group (LON:PROC) Announces Earnings Results

ProCook Group (LON:PROC) posted its quarterly earnings data on Thursday. The company reported GBX 1.45 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 8,549 million during the quarter. ProCook Group had a net margin of 1.73% and a return on equity of 15.03%.

ProCook Group Trading Up 4.4%

PROC opened at GBX 44.07 on Thursday. The firm has a market cap of £46.47 million, a price-to-earnings ratio of 39.35 and a beta of 0.75. The company has a current ratio of 0.81, a quick ratio of 0.36 and a debt-to-equity ratio of 417.35. ProCook Group has a 12 month low of GBX 26.90 and a 12 month high of GBX 48. The stock has a fifty day moving average price of GBX 36.35 and a 200-day moving average price of GBX 34.83.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 62 target price on shares of ProCook Group in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 62.

ProCook Group Company Profile

ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through an expanding network of over 60 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.