GB Group (LON:GBG) released its earnings results on Tuesday. The company reported GBX 9 ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 5.20 ($0.07) by GBX 3.80 ($0.05), Digital Look Earnings reports.
Shares of LON:GBG traded down GBX 12 ($0.16) on Thursday, hitting GBX 688 ($8.99). 1,089,322 shares of the company’s stock were exchanged, compared to its average volume of 194,592. The firm’s 50-day moving average is GBX 603.76 and its 200 day moving average is GBX 577.51. The company has a market capitalization of $1.34 billion and a PE ratio of 90.53. GB Group has a 1-year low of GBX 407.50 ($5.32) and a 1-year high of GBX 728.13 ($9.51). The company has a debt-to-equity ratio of 27.03, a quick ratio of 0.94 and a current ratio of 1.06.
Several research analysts have recently issued reports on GBG shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 626 ($8.18) price objective on shares of GB Group in a research report on Thursday, October 24th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 670 ($8.75) price objective on shares of GB Group in a research report on Thursday, October 24th. Finally, Peel Hunt upped their price objective on GB Group from GBX 626 ($8.18) to GBX 768 ($10.04) and gave the stock a “buy” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 645.80 ($8.44).
About GB Group
GB Group plc, together with its subsidiaries, provides identity data intelligence services in the United Kingdom, the United States, Australia, and internationally. It operates in two segments, Fraud, Risk & Compliance and Customer & Location Intelligence. The company offers ID verification services, which helps in verifying identities remotely without the physical presentation of documentation for combat ID fraud, money laundering, and restricting access to under-age content, purchases, and gambling; and ID employ and comply that provides background checks through an online verification and authentication of individuals.
Featured Story: What are the qualifications of a portfolio manager?
Receive News & Ratings for GB Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GB Group and related companies with MarketBeat.com's FREE daily email newsletter.