Celtic (LON:CCP) Announces Quarterly Earnings Results

Celtic (LON:CCP) announced its quarterly earnings results on Tuesday. The company reported GBX (5.03) EPS for the quarter, Digital Look Earnings reports. Celtic had a return on equity of 6.79% and a net margin of 9.12%.

Celtic Trading Up 2.9%

LON CCP opened at GBX 180 on Wednesday. The stock has a market cap of £171.25 million, a P/E ratio of 21.45 and a beta of 0.01. Celtic has a fifty-two week low of GBX 160 and a fifty-two week high of GBX 260. The stock has a 50 day simple moving average of GBX 199.45 and a two-hundred day simple moving average of GBX 207.56. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.86 and a current ratio of 1.62.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 215 price objective on shares of Celtic in a research note on Wednesday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Celtic currently has an average rating of “Buy” and an average target price of GBX 215.

Celtic Company Profile

Celtic plc, through its subsidiary, Celtic F.C. Limited, operates a professional football club in the United Kingdom. The company operates through three segments: Football and Stadium Operations, Merchandising, and Multimedia and Other Commercial Activities. It is involved in the operation of a professional football club covering various activities, including football operations and investment; operation of the Celtic FC Youth Academy; match ticketing; merchandising; partner programs; marketing and brand protection; multimedia; stadium operations; facilities and property; catering and hospitality; public and supporter relations; and human resources.