McBride (LON:MCB) Posts Quarterly Earnings Results

McBride (LON:MCB) announced its quarterly earnings results on Tuesday. The company reported GBX 21.60 earnings per share (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

McBride stock traded up GBX 0.40 during trading hours on Tuesday, reaching GBX 192.40. 559,816 shares of the stock were exchanged, compared to its average volume of 432,425. McBride has a 52-week low of GBX 106.20 and a 52-week high of GBX 214.10. The firm’s 50 day moving average is GBX 169.83 and its 200 day moving average is GBX 159.18. The stock has a market cap of £326.65 million, a P/E ratio of 11.38, a P/E/G ratio of -0.36 and a beta of 1.51. The company has a debt-to-equity ratio of 145.77, a quick ratio of 0.54 and a current ratio of 0.95.

Wall Street Analysts Forecast Growth

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

McBride Company Profile

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.