Warpaint London (LON:W7L) Shares Up 4.3% – Still a Buy?

Warpaint London PLC (LON:W7L) shares rose 4.3% during trading on Tuesday . The stock traded as high as GBX 199.12 and last traded at GBX 196. Approximately 307,929 shares changed hands during trading, a decline of 26% from the average daily volume of 416,720 shares. The stock had previously closed at GBX 188.

Analysts Set New Price Targets

Several brokerages have issued reports on W7L. Shore Capital Group reissued a “house stock” rating on shares of Warpaint London in a research note on Tuesday, June 16th. Berenberg Bank reduced their target price on shares of Warpaint London from GBX 510 to GBX 470 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Warpaint London has a consensus rating of “Buy” and an average price target of GBX 455.

Warpaint London Stock Up 4.3%

The company has a market capitalization of £158.34 million, a PE ratio of 11.05 and a beta of 0.44. The firm’s 50-day simple moving average is GBX 199.33 and its 200 day simple moving average is GBX 203.24. The company has a debt-to-equity ratio of 12.22, a quick ratio of 1.56 and a current ratio of 7.45.

Warpaint London (LON:W7L) last posted its quarterly earnings results on Wednesday, April 29th. The company reported GBX 16.68 earnings per share for the quarter. Warpaint London had a net margin of 13.66% and a return on equity of 18.66%. The business had revenue of £105.08 million for the quarter. As a group, equities research analysts forecast that Warpaint London PLC will post 25.1837335 earnings per share for the current year.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services. Warpaint London PLC sells its products to retailers, distributors, supermarkets, and retail chains, as well as through online. The company operates in the United Kingdom, rest of Europe, Spain, Denmark, the United States, Australia, New Zealand, and internationally.