AJ Bell (LON:AJB) Issues Quarterly Earnings Results

AJ Bell (LON:AJB) released its quarterly earnings results on Thursday. The company reported GBX 4.38 ($0.06) earnings per share for the quarter, Bloomberg Earnings reports.

AJ Bell stock opened at GBX 378.50 ($4.98) on Friday. The stock’s fifty day moving average price is GBX 358.94 and its two-hundred day moving average price is GBX 376.64. AJ Bell has a one year low of GBX 229 ($3.01) and a one year high of GBX 464 ($6.10). The company has a debt-to-equity ratio of 0.67, a current ratio of 6.48 and a quick ratio of 6.25. The firm has a market cap of $1.59 billion and a PE ratio of 50.47.

The business also recently disclosed a dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be paid a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date is Thursday, June 4th. This represents a yield of 0.33%. AJ Bell’s dividend payout ratio (DPR) is presently 93.33%.

Several analysts recently weighed in on the company. Liberum Capital reissued a “sell” rating on shares of AJ Bell in a report on Thursday. Berenberg Bank lowered AJ Bell to a “sell” rating and lowered their price objective for the stock from GBX 370 ($4.87) to GBX 280 ($3.68) in a research note on Thursday, March 12th.

In other AJ Bell news, insider Michael Thomas Summersgill sold 5,000 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of £448.64 ($590.16), for a total transaction of £2,243,200 ($2,950,802.42).

About AJ Bell

AJ Bell PLC, through its subsidiaries, operates retail investment platforms in the United Kingdom. Its platforms offer investment administration, dealing, and custody services to regulated financial advisers and wealth managers. The company administers investments in SIPPs, ISAs, LISAs, and general investment/dealing accounts.

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