Inspired (LON:INSE) Issues Earnings Results

Inspired (LON:INSE) issued its quarterly earnings data on Monday. The company reported GBX 8.98 ($0.12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Inspired had a net margin of 1.12% and a return on equity of 1.84%.

Inspired Stock Down 3.3 %

Shares of INSE traded down GBX 1.90 ($0.02) during midday trading on Wednesday, hitting GBX 55.10 ($0.71). The company had a trading volume of 137,505 shares, compared to its average volume of 915,860. Inspired has a 1 year low of GBX 34 ($0.44) and a 1 year high of GBX 96 ($1.24). The company’s 50-day simple moving average is GBX 61.63 and its 200-day simple moving average is GBX 49.01. The company has a debt-to-equity ratio of 98.94, a quick ratio of 1.59 and a current ratio of 2.14. The firm has a market capitalization of £87.96 million, a P/E ratio of 50.45 and a beta of 0.53.

Inspired Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 25th. Stockholders of record on Thursday, June 19th will be paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, June 19th. Inspired’s payout ratio is currently 274.69%.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Inspired in a research note on Monday.

Inspired Company Profile

Inspired PLC is a leading B2B technology enabled service provider delivering solutions that enable corporate businesses to transition to net-zero carbon and manage their response to climate change in the UK and Ireland.

Founded in 2000, Inspired operates four divisions: Assurance Services, Optimisation Services, ESG Services and Software Services, providing expert energy advisory and sustainability services to over 3,500 businesses who typically spend more than £100,000 on energy and water per year.