McBride (LON:MCB) Issues Earnings Results

McBride (LON:MCB) announced its quarterly earnings data on Tuesday. The company reported GBX 21.60 EPS for the quarter, Digital Look Earnings reports. McBride had a net margin of 3.20% and a return on equity of 30.98%.

McBride Stock Performance

Shares of LON MCB traded up GBX 2 during mid-day trading on Tuesday, reaching GBX 194. 3,762,220 shares of the company were exchanged, compared to its average volume of 450,518. The company’s 50-day simple moving average is GBX 169.83 and its 200-day simple moving average is GBX 159.18. The company has a quick ratio of 0.54, a current ratio of 0.95 and a debt-to-equity ratio of 145.77. The stock has a market capitalization of £329.36 million, a P/E ratio of 11.48, a P/E/G ratio of -0.36 and a beta of 1.51. McBride has a twelve month low of GBX 106.20 and a twelve month high of GBX 214.10.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 275 price target on shares of McBride in a report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 232.50.

About McBride

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.