Motorpoint Group (LON:MOTR) Posts Earnings Results

Motorpoint Group (LON:MOTR) issued its quarterly earnings data on Wednesday. The company reported GBX 6.60 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 126.86 billion during the quarter. Motorpoint Group had a return on equity of 17.19% and a net margin of 0.35%.

Motorpoint Group Stock Performance

Shares of MOTR stock opened at GBX 127.50 on Wednesday. The firm has a market cap of £101.53 million, a price-to-earnings ratio of 25.50 and a beta of 0.78. The company’s 50 day moving average is GBX 127.86 and its 200 day moving average is GBX 132.28. The company has a quick ratio of 0.12, a current ratio of 1.06 and a debt-to-equity ratio of 226.34. Motorpoint Group has a 52-week low of GBX 111 and a 52-week high of GBX 190.

Wall Street Analysts Forecast Growth

MOTR has been the topic of several recent research reports. Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Motorpoint Group from GBX 190 to GBX 180 and set a “buy” rating on the stock in a research report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 180.

About Motorpoint Group

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.