ProCook Group (LON:PROC) Issues Earnings Results

ProCook Group (LON:PROC) released its quarterly earnings data on Thursday. The company reported GBX 1.45 earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 8,549 million during the quarter. ProCook Group had a return on equity of 15.03% and a net margin of 1.73%.

ProCook Group Price Performance

LON PROC opened at GBX 44.38 on Friday. The stock has a market capitalization of £46.80 million, a PE ratio of 39.63 and a beta of 0.75. The company has a 50 day moving average price of GBX 36.51 and a two-hundred day moving average price of GBX 34.89. The company has a quick ratio of 0.36, a current ratio of 0.81 and a debt-to-equity ratio of 417.35. ProCook Group has a 12-month low of GBX 26.90 and a 12-month high of GBX 48.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 62 price target on shares of ProCook Group in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, ProCook Group currently has a consensus rating of “Buy” and a consensus price target of GBX 62.

ProCook Group Company Profile

ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through an expanding network of over 60 own-brand retail stores, located across the UK.

Founded over 25 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 600 colleagues, and operating from its Store Support Centre in Gloucester.