McBride (LON:MCB) Posts Quarterly Earnings Results

McBride (LON:MCB) posted its quarterly earnings results on Tuesday. The company reported GBX 21.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. McBride had a return on equity of 30.98% and a net margin of 3.20%.

McBride Stock Up 1.5%

McBride stock opened at GBX 194.88 on Tuesday. McBride has a twelve month low of GBX 106.20 and a twelve month high of GBX 214.10. The company has a debt-to-equity ratio of 145.77, a quick ratio of 0.54 and a current ratio of 0.95. The firm has a market cap of £330.86 million, a PE ratio of 11.53, a P/E/G ratio of -0.36 and a beta of 1.51. The firm’s 50 day moving average price is GBX 169.83 and its two-hundred day moving average price is GBX 159.18.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 275 price objective on shares of McBride in a research report on Thursday, September 10th. Two investment analysts have 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 232.50.

About McBride

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.