Personal Group (LON:PGH) Posts Quarterly Earnings Results

Personal Group (LON:PGH) posted its quarterly 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 Performance

Shares of PGH stock traded up GBX 4 during trading hours on Tuesday, reaching GBX 406.50. 108,538 shares of the company traded hands, compared to its average volume of 69,771. The firm has a 50-day moving average price of GBX 398.67 and a 200 day moving average price of GBX 371.89. The company has a market cap of £128.07 million, a P/E ratio of 18.39 and a beta of 0.18. Personal Group has a 12-month low of GBX 280 and a 12-month high of GBX 420. The company has a debt-to-equity ratio of 1.23, a current ratio of 72.08 and a quick ratio of 2.77.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on PGH shares. Canaccord Genuity Group reissued a “buy” rating and set a GBX 465 price target on shares of Personal Group in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 465 price target 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 assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.