Distribution Finance Capital (LON:DFCH) Sets New 52-Week High – Here’s Why

Distribution Finance Capital Holdings plc (LON:DFCH) reached a new 52-week high on Tuesday . The company traded as high as GBX 77.85 and last traded at GBX 76, with a volume of 647697 shares changing hands. The stock had previously closed at GBX 75.20.

Analyst Ratings Changes

Separately, Shore Capital Group lifted their target price on Distribution Finance Capital from GBX 90 to GBX 94 and gave the stock a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 94.

Distribution Finance Capital Stock Performance

The company has a 50-day moving average price of GBX 70.50 and a two-hundred day moving average price of GBX 62.73. The company has a current ratio of -20,564.14, a quick ratio of 1.16 and a debt-to-equity ratio of 13.69. The stock has a market capitalization of £124.02 million, a P/E ratio of 8.98 and a beta of 0.87.

Distribution Finance Capital (LON:DFCH) last announced its earnings results on Thursday, September 10th. The company reported GBX 6 EPS for the quarter. Distribution Finance Capital had a return on equity of 12.38% and a net margin of 20.97%. On average, equities analysts forecast that Distribution Finance Capital Holdings plc will post 2.29 earnings per share for the current year.

Distribution Finance Capital Company Profile

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.