Nichols (LON:NICL) Releases Quarterly Earnings Results

Nichols (LON:NICL) released its quarterly earnings results on Wednesday. The company reported GBX 30.30 EPS for the quarter, Digital Look Earnings reports. Nichols had a net margin of 12.25% and a return on equity of 23.59%.

Nichols Trading Up 1.3%

NICL traded up GBX 13.03 during midday trading on Wednesday, hitting GBX 1,028.03. The company’s stock had a trading volume of 96,407 shares, compared to its average volume of 42,612. Nichols has a 52-week low of GBX 880 and a 52-week high of GBX 1,430. The firm has a 50-day moving average price of GBX 958.90 and a two-hundred day moving average price of GBX 964.22. The company has a current ratio of 3.63, a quick ratio of 2.58 and a debt-to-equity ratio of 4.97. The firm has a market cap of £375.90 million, a P/E ratio of 17.62 and a beta of 0.43.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on NICL shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,150 price objective on shares of Nichols in a research report on Wednesday, April 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 1,720 target price on shares of Nichols in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,390.

About Nichols