McBride (LON:MCB) Announces Quarterly Earnings Results

McBride (LON:MCB) posted its quarterly earnings results on Tuesday. The company reported GBX 21.60 EPS for the quarter, Digital Look Earnings reports. McBride had a return on equity of 28.68% and a net margin of 3.21%.

McBride Price Performance

LON MCB traded down GBX 1.40 during midday trading on Wednesday, hitting GBX 194. The company had a trading volume of 491,660 shares, compared to its average volume of 433,165. The company has a market capitalization of £329.36 million, a PE ratio of 11.48, a P/E/G ratio of -0.36 and a beta of 1.51. The company has a current ratio of 1.10, a quick ratio of 0.54 and a debt-to-equity ratio of 169.22. The firm has a 50-day moving average price of GBX 171.14 and a 200-day moving average price of GBX 159.75. McBride has a twelve month low of GBX 107.60 and a twelve month high of GBX 214.10.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 275 price objective on shares of McBride in a research note on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 232.50.

McBride Company Profile

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.