Watkin Jones (LON:WJG) Posts Earnings Results

Watkin Jones (LON:WJG) issued its quarterly earnings data on Tuesday. The company reported GBX 2.29 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Watkin Jones had a negative return on equity of 22.95% and a negative net margin of 6.99%.

Watkin Jones Stock Up 2.9%

WJG stock opened at GBX 28.09 on Wednesday. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.41 and a quick ratio of 1.55. The firm has a market cap of £72.09 million, a PE ratio of -189.78 and a beta of 1.38. Watkin Jones has a 12 month low of GBX 17.74 and a 12 month high of GBX 40.96. The firm has a 50 day simple moving average of GBX 28.70 and a 200 day simple moving average of GBX 28.67.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 38 target price on shares of Watkin Jones in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 38.

Watkin Jones Company Profile

Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom. The company operates through four segments: Student Accommodation, Build to Rent, Affordable Homes, and Accommodation Management. It is involved in the development of purpose-built student accommodation, build to rent accommodation, and residential housing property; and management of student accommodation and build to rent/private rental sector property.