Cohort (LON:CHRT – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported GBX 61.93 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Cohort had a net margin of 6.51% and a return on equity of 11.27%.
Cohort Stock Performance
Shares of LON CHRT traded down GBX 4.50 during trading on Wednesday, reaching GBX 1,289.51. The stock had a trading volume of 147,557 shares, compared to its average volume of 501,599. Cohort has a one year low of GBX 881.10 and a one year high of GBX 1,796. The company has a debt-to-equity ratio of 57.48, a quick ratio of 0.93 and a current ratio of 1.36. The stock has a market cap of £590.98 million, a PE ratio of 32.20 and a beta of 0.34. The firm’s 50 day moving average price is GBX 1,250.68 and its two-hundred day moving average price is GBX 1,218.27.
Analyst Ratings Changes
A number of research analysts have commented on the stock. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,300 price objective on shares of Cohort in a research note on Wednesday, July 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,740 target price on shares of Cohort in a research report on Thursday, May 28th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Cohort presently has an average rating of “Moderate Buy” and an average target price of GBX 1,556.67.
About Cohort
Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.
The Group is split into two segments:
Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt
– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.
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