Portmeirion Group’s (PMP) House Stock Rating Reiterated at Shore Capital Group

Portmeirion Group (LON:PMP)‘s stock had its “house stock” rating reiterated by Shore Capital Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 100 price objective on the stock. Shore Capital Group’s price target would indicate a potential upside of 108.07% from the stock’s previous close.

Portmeirion Group Trading Down 2.9%

PMP opened at GBX 48.06 on Tuesday. The company has a current ratio of 1.54, a quick ratio of 0.68 and a debt-to-equity ratio of 59.99. The firm has a market cap of £24.48 million, a price-to-earnings ratio of -1.06, a PEG ratio of 0.75 and a beta of 0.45. Portmeirion Group has a 12 month low of GBX 48 and a 12 month high of GBX 138. The stock has a fifty day moving average price of GBX 62.44 and a 200-day moving average price of GBX 82.82.

Portmeirion Group (LON:PMP) last issued its quarterly earnings data on Wednesday, May 6th. The company reported GBX (25.30) earnings per share for the quarter. The company had revenue of GBX 9,106 million for the quarter. Portmeirion Group had a negative net margin of 6.86% and a negative return on equity of 12.61%. As a group, equities research analysts anticipate that Portmeirion Group will post 52.5900016 earnings per share for the current fiscal year.

Insider Activity at Portmeirion Group

In other Portmeirion Group news, insider Jeremy Wilson purchased 40,000 shares of Portmeirion Group stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average cost of GBX 50 per share, with a total value of £20,000. Also, insider Angela Luge acquired 30,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average cost of GBX 50 per share, with a total value of £15,000. Insiders have bought a total of 500,000 shares of company stock valued at $25,000,000 over the last three months. Company insiders own 2.87% of the company’s stock.

Portmeirion Group Company Profile

“Our vision is to be a leading force in the global homeware sector focused on growing our great British brands.”

Based in Stoke-on-Trent, we are the owner, designer, manufacturer and omni-channel retailer of leading homeware brands in global markets. Our much loved brands include Portmeirion, Spode, Royal Worcester, Nambé, Pimpernel and Wax Lyrical. Recognised around the world, our brands have a combined history of over 700 years.

With a consistent track record of growth, our revenue is generated from a variety of different channels, markets, currencies and product categories.