Personal Group (LON:PGH) Posts Earnings Results

Personal Group (LON:PGH) announced its earnings results on Tuesday. The company reported GBX 12.30 earnings per share for the quarter, Digital Look Earnings reports. Personal Group had a net margin of 15.06% and a return on equity of 20.34%.

Personal Group Stock Up 4.9%

Shares of PGH stock traded up GBX 20 during trading hours on Wednesday, hitting GBX 430. 184,726 shares of the company were exchanged, compared to its average volume of 70,523. The stock has a market capitalization of £135.48 million, a price-to-earnings ratio of 19.46 and a beta of 0.18. Personal Group has a one year low of GBX 280 and a one year high of GBX 430. The business’s 50-day simple moving average is GBX 399.01 and its two-hundred day simple moving average is GBX 372.58. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.77 and a current ratio of 72.08.

Wall Street Analyst Weigh In

PGH has been the subject of a number of analyst reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 465 price objective on shares of Personal Group in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 465 target price on shares of Personal Group in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Personal Group has an average rating of “Moderate Buy” and an average target price of GBX 520.

About Personal Group

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c. 1.25 million UK employees.

The Group’s insurance provides employees with access to affordable, individual policies for hospital, recovery and death benefit plans. The Group’s award-winning benefits platform, Hapi, brings together extensive employee benefits, discounts and rewards, in one responsive platform.