Marks Electrical Group (LON:MRK – Get Free Report) released its quarterly earnings results on Monday. The company reported GBX (40) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of £107.93 million for the quarter. Marks Electrical Group had a negative net margin of 0.39% and a negative return on equity of 4.18%.
Marks Electrical Group Trading Down 0.5%
MRK opened at GBX 45.25 on Tuesday. The company has a current ratio of 1.49, a quick ratio of 0.62 and a debt-to-equity ratio of 18.87. The firm has a market cap of £47.18 million, a price-to-earnings ratio of -43.93 and a beta of 0.57. Marks Electrical Group has a 12 month low of GBX 42 and a 12 month high of GBX 63. The stock has a fifty day moving average price of GBX 48.55 and a 200-day moving average price of GBX 47.06.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Shore Capital Group reissued a “hold” rating and issued a GBX 50 price objective on shares of Marks Electrical Group in a research note on Friday. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 55 target price on shares of Marks Electrical Group in a research note on Friday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Marks Electrical Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 52.50.
About Marks Electrical Group
Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services. It sells its products through online platform. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. Marks Electrical Group PLC was founded in 1987 and is headquartered in Leicester, United Kingdom.
Featured Articles
- Five stocks we like better than Marks Electrical Group
- Copa Holdings May Be the Airline Stock Built to Break Out
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
Receive News & Ratings for Marks Electrical Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks Electrical Group and related companies with MarketBeat.com's FREE daily email newsletter.
