Frasers Group (LON:FRAS) Releases Quarterly Earnings Results

Frasers Group (LON:FRASGet Free Report) posted its quarterly earnings results on Thursday. The company reported GBX 79.20 earnings per share for the quarter, Digital Look Earnings reports. Frasers Group had a net margin of 7.04% and a return on equity of 15.67%.

Frasers Group Stock Down 2.5%

Frasers Group stock opened at GBX 730 on Friday. The company’s 50 day simple moving average is GBX 733.83 and its 200 day simple moving average is GBX 698.04. Frasers Group has a fifty-two week low of GBX 598 and a fifty-two week high of GBX 819.50. The firm has a market capitalization of £3.14 billion, a price-to-earnings ratio of 6.76, a PEG ratio of 0.30 and a beta of 1.23. The company has a debt-to-equity ratio of 36.27, a current ratio of 1.80 and a quick ratio of 0.64.

Wall Street Analyst Weigh In

FRAS has been the subject of a number of analyst reports. Shore Capital Group reaffirmed a “hold” rating on shares of Frasers Group in a report on Tuesday, June 16th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,100 price target on shares of Frasers Group in a research note on Thursday, July 2nd. Finally, Royal Bank Of Canada raised their price target on Frasers Group from GBX 720 to GBX 750 and gave the stock an “underperform” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Frasers Group presently has an average rating of “Hold” and an average target price of GBX 925.

Read Our Latest Stock Analysis on FRAS

Key Headlines Impacting Frasers Group

Here are the key news stories impacting Frasers Group this week:

Frasers Group Company Profile

(Get Free Report)

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.

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Earnings History for Frasers Group (LON:FRAS)

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