Johnson Service Group (LON:JSG) Announces Earnings Results

Johnson Service Group (LON:JSG) announced its quarterly earnings data on Wednesday. The company reported GBX 12.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Johnson Service Group had a return on equity of 12.12% and a net margin of 6.91%.

Johnson Service Group Stock Performance

Shares of JSG stock opened at GBX 132 on Wednesday. The company’s 50-day simple moving average is GBX 140.90 and its 200-day simple moving average is GBX 141.21. Johnson Service Group has a one year low of GBX 118.60 and a one year high of GBX 160.20. The stock has a market capitalization of £498.68 million, a price-to-earnings ratio of 15.17, a PEG ratio of 10.18 and a beta of 1.04. The company has a debt-to-equity ratio of 53.27, a quick ratio of 0.80 and a current ratio of 0.93.

Analyst Ratings Changes

Separately, Berenberg Bank boosted their target price on shares of Johnson Service Group from GBX 195 to GBX 205 and gave the stock a “buy” rating in a research report on Monday, January 19th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 181.67.

About Johnson Service Group

Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK.

Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care.

Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service.

A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.