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 net margin of 9.12% and a return on equity of 6.79%.

Celtic Stock Performance

Celtic stock opened at GBX 180 on Wednesday. The firm has a fifty day simple moving average of GBX 199.45 and a two-hundred day simple moving average of GBX 207.56. Celtic has a twelve month low of GBX 160 and a twelve month high of GBX 260. The company has a market capitalization of £171.25 million, a PE ratio of 21.45 and a beta of 0.01. The company has a quick ratio of 0.86, a current ratio of 1.62 and a debt-to-equity ratio of 3.18.

Wall Street Analysts Forecast Growth

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

About Celtic

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.