Everplay Group (LON:EVPL) Hits New 12-Month High – Here’s What Happened

Everplay Group Plc (LON:EVPL) reached a new 52-week high on Wednesday. The company traded as high as GBX 462 and last traded at GBX 456.15, with a volume of 3534877 shares trading hands. The stock had previously closed at GBX 423.50.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on EVPL. Shore Capital Group restated a “buy” rating and set a GBX 470 price target on shares of Everplay Group in a research note on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 455 price objective on shares of Everplay Group in a research note on Tuesday, September 15th. Jefferies Financial Group increased their target price on Everplay Group from GBX 540 to GBX 580 and gave the stock a “buy” rating in a report on Thursday. Finally, Berenberg Bank raised their target price on Everplay Group from GBX 370 to GBX 495 and gave the stock a “buy” rating in a research report on Wednesday, September 16th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 496.

Everplay Group Trading Up 1.3%

The firm has a market cap of £641.22 million, a P/E ratio of 23.67, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The company’s fifty day moving average price is GBX 299.16 and its two-hundred day moving average price is GBX 266.98.

Everplay Group (LON:EVPL) last announced its quarterly earnings results on Tuesday, September 15th. The company reported GBX 3.70 earnings per share (EPS) for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. As a group, sell-side analysts predict that Everplay Group Plc will post 24.1106719 EPS for the current fiscal year.

About Everplay Group

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.