Scottish Mortgage (LON:SMT – Get Free Report) announced its earnings results on Wednesday. The company reported GBX 2.28 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 3,311 million for the quarter. Scottish Mortgage had a return on equity of 28.15% and a net margin of 97.44%.
Scottish Mortgage Trading Up 0.9%
Shares of Scottish Mortgage stock opened at GBX 1,522 on Friday. The firm has a market capitalization of £16.50 billion, a PE ratio of 4.95 and a beta of 1.14. The business’s 50-day moving average price is GBX 1,365.28 and its 200-day moving average price is GBX 1,239.76. Scottish Mortgage has a 12 month low of GBX 972.40 and a 12 month high of GBX 1,540.
Analysts Set New Price Targets
Separately, Jefferies Financial Group restated a “buy” rating on shares of Scottish Mortgage in a research note on Thursday, May 21st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Scottish Mortgage presently has an average rating of “Buy”.
About Scottish Mortgage
Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.
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