Watches of Switzerland Group (LON:WOSG) Trading Down 0.3% – Should You Sell?

Watches of Switzerland Group plc (LON:WOSG) shares were down 0.3% on Wednesday . The company traded as low as GBX 508 and last traded at GBX 515.50. Approximately 137,723 shares traded hands during trading, a decline of 94% from the average daily volume of 2,274,322 shares. The stock had previously closed at GBX 517.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their price target on shares of Watches of Switzerland Group from GBX 450 to GBX 550 and gave the company a “buy” rating in a research note on Friday, November 28th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 455.

Watches of Switzerland Group Price Performance

The company has a fifty day moving average of GBX 491.88 and a 200 day moving average of GBX 427.58. The firm has a market capitalization of £1.19 billion, a P/E ratio of 17.42, a PEG ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48.

Watches of Switzerland Group (LON:WOSG) last released its quarterly earnings results on Thursday, December 4th. The company reported GBX 18.80 earnings per share (EPS) for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.38%. Sell-side analysts predict that Watches of Switzerland Group plc will post 42.739726 earnings per share for the current year.

Watches of Switzerland Group Company Profile

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK and US comprising eight prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Deutsch & Deutsch (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America and the Caribbean.