Debenhams Capital (LON:DEBS) Announces Quarterly Earnings Results

Debenhams Capital (LON:DEBS) announced its earnings results on Tuesday. The company reported GBX (2.36) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of £917 million during the quarter.

Debenhams Capital Trading Down 1.6%

Shares of Debenhams Capital stock opened at GBX 24.10 on Wednesday. The business has a 50-day moving average price of GBX 18.58 and a two-hundred day moving average price of GBX 20.52. Debenhams Capital has a 1-year low of GBX 10.30 and a 1-year high of GBX 29.50. The company has a market cap of £378.54 million and a P/E ratio of -2.38.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reaffirmed a “buy” rating and set a GBX 35 target price on shares of Debenhams Capital in a research report on Monday. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 23.33.

About Debenhams Capital

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.