Wilmington (LON:WIL) Issues Earnings Results

Wilmington (LON:WIL) posted its quarterly earnings data on Thursday. The company reported GBX 9.33 EPS for the quarter, Digital Look Earnings reports. Wilmington had a net margin of 18.89% and a return on equity of 18.71%.

Wilmington Stock Performance

LON:WIL traded up GBX 7 during trading hours on Thursday, reaching GBX 285. The stock had a trading volume of 2,941,654 shares, compared to its average volume of 227,812. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.86 and a current ratio of 1.70. The stock has a 50 day simple moving average of GBX 291.51 and a 200 day simple moving average of GBX 314.85. Wilmington has a 12-month low of GBX 275 and a 12-month high of GBX 379. The stock has a market cap of £255.23 million, a P/E ratio of 22.49, a price-to-earnings-growth ratio of 1.44 and a beta of 0.84.

Insider Activity at Wilmington

In other news, insider Mark Milner purchased 8,315 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were purchased at an average price of GBX 298 per share, with a total value of £24,778.70. 12.83% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on WIL shares. Deutsche Bank Aktiengesellschaft increased their price target on Wilmington from GBX 435 to GBX 465 and gave the company a “buy” rating in a research report on Friday, November 28th. Canaccord Genuity Group raised their target price on Wilmington from GBX 450 to GBX 475 and gave the company a “buy” rating in a research report on Monday, December 8th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Wilmington currently has a consensus rating of “Buy” and an average price target of GBX 466.67.

About Wilmington

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.