Brickability Group (LON:BRCK) Releases Earnings Results

Brickability Group (LON:BRCK) announced its earnings results on Tuesday. The company reported GBX 8.91 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Brickability Group had a return on equity of 5.64% and a net margin of 1.64%.

Brickability Group Trading Up 6.4%

LON:BRCK traded up GBX 3.10 on Tuesday, hitting GBX 51.70. 2,963,788 shares of the stock were exchanged, compared to its average volume of 867,052. The stock has a market cap of £167.13 million, a PE ratio of 15.86 and a beta of 0.31. The company has a current ratio of 1.34, a quick ratio of 1.07 and a debt-to-equity ratio of 55.47. The stock has a fifty day moving average of GBX 48.90 and a 200-day moving average of GBX 50.22. Brickability Group has a fifty-two week low of GBX 39.20 and a fifty-two week high of GBX 66.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 93 price objective on shares of Brickability Group in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Brickability Group currently has a consensus rating of “Buy” and a consensus target price of GBX 93.

Brickability Group Company Profile

BRCK Group PLC is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Importing, Distribution and Contracting. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, BRCK leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.

Founded in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth.