Marston’s (LON:MARS) Posts Earnings Results

Marston’s (LON:MARS) announced its quarterly earnings results on Monday. The company reported GBX 8.50 earnings per share for the quarter, Digital Look Earnings reports. Marston’s had a negative net margin of 1.91% and a negative return on equity of 2.72%.

Marston’s Stock Down 1.2%

Marston’s stock opened at GBX 56.80 on Tuesday. The firm has a market capitalization of £360.53 million, a P/E ratio of 5.12, a P/E/G ratio of -0.16 and a beta of 1.68. The company has a current ratio of 0.36, a quick ratio of 0.23 and a debt-to-equity ratio of 198.96. Marston’s has a twelve month low of GBX 31.10 and a twelve month high of GBX 62.90. The stock’s fifty day simple moving average is GBX 49.42 and its 200-day simple moving average is GBX 43.68.

Wall Street Analyst Weigh In

MARS has been the topic of a number of research analyst reports. Shore Capital reissued a “buy” rating on shares of Marston’s in a research report on Wednesday, October 8th. Peel Hunt reissued a “buy” rating and set a GBX 75 target price on shares of Marston’s in a research note on Tuesday, November 25th. JPMorgan Chase & Co. raised their target price on Marston’s from GBX 78 to GBX 85 and gave the company an “overweight” rating in a report on Tuesday, December 2nd. Finally, Panmure Gordon reiterated a “buy” rating and set a GBX 80 price target on shares of Marston’s in a research note on Tuesday, November 25th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Marston’s presently has an average rating of “Buy” and a consensus target price of GBX 80.

About Marston’s

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007.