Topps Tiles (LON:TPT) Issues Quarterly Earnings Results

Topps Tiles (LON:TPT) released its earnings results on Thursday. The company reported GBX 3.43 EPS for the quarter, Digital Look Earnings reports. Topps Tiles had a return on equity of 4.82% and a net margin of 0.21%.

Topps Tiles Stock Down 2.0%

TPT stock opened at GBX 44.10 on Friday. The stock has a market capitalization of £86.71 million, a P/E ratio of 14.65 and a beta of 1.45. The company has a debt-to-equity ratio of 1,807.72, a current ratio of 1.04 and a quick ratio of 0.37. Topps Tiles has a 1-year low of GBX 28.05 and a 1-year high of GBX 50. The business has a fifty day moving average price of GBX 39.39 and a 200-day moving average price of GBX 37.70.

Analysts Set New Price Targets

Separately, Peel Hunt reiterated a “buy” rating on shares of Topps Tiles in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 70.

Topps Tiles Company Profile

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom. The company engages in the property management and investment activities; retail and wholesale of wood flooring products; provision of warehousing services; and sale and distribution of architectural ceramic.