Topps Tiles (LON:TPT) Issues Earnings Results

Topps Tiles (LON:TPT) posted its earnings results on Thursday. The company reported GBX 3.43 earnings per share for the quarter, Digital Look Earnings reports. Topps Tiles had a net margin of 0.21% and a return on equity of 4.82%.

Topps Tiles Trading Down 6.8%

Shares of LON TPT opened at GBX 44.75 on Thursday. The firm has a 50 day moving average price of GBX 39.23 and a two-hundred day moving average price of GBX 37.65. The stock has a market cap of £87.99 million, a P/E ratio of 14.87 and a beta of 1.45. Topps Tiles has a 52-week low of GBX 28.05 and a 52-week high of GBX 50. The company has a debt-to-equity ratio of 1,807.72, a quick ratio of 0.37 and a current ratio of 1.04.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt restated a “buy” rating on shares of Topps Tiles in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 70.

About Topps Tiles

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom. The company engages in the property management and investment activities; retail and wholesale of wood flooring products; provision of warehousing services; and sale and distribution of architectural ceramic.