Cohort (LON:CHRT) Issues Quarterly Earnings Results

Cohort (LON:CHRT) issued its quarterly earnings data on Wednesday. The company reported GBX 61.93 earnings per share for the quarter, Digital Look Earnings reports. Cohort had a net margin of 6.51% and a return on equity of 11.27%.

Cohort Stock Up 3.0%

CHRT opened at GBX 1,326 on Thursday. Cohort has a 52 week low of GBX 881.10 and a 52 week high of GBX 1,786. The business has a 50 day moving average price of GBX 1,251.72 and a two-hundred day moving average price of GBX 1,220.85. The company has a quick ratio of 0.93, a current ratio of 1.36 and a debt-to-equity ratio of 57.48. The company has a market cap of £607.71 million, a PE ratio of 33.11 and a beta of 0.34.

Wall Street Analyst Weigh In

CHRT has been the subject of a number of research analyst reports. Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,300 target price on shares of Cohort in a research report on Wednesday, July 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 1,740 target price on shares of Cohort in a report on Thursday, May 28th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Cohort has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,520.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

The Group is split into two segments:

Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt

– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.