Everplay Group (LON:EVPL) Issues Quarterly Earnings Results

Everplay Group (LON:EVPL) announced its quarterly earnings data on Tuesday. The company reported GBX 3.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%.

Everplay Group Trading Up 9.1%

LON:EVPL traded up GBX 35.50 during mid-day trading on Friday, reaching GBX 423.50. 2,016,000 shares of the company’s stock traded hands, compared to its average volume of 747,530. The company has a 50 day moving average price of GBX 260.83 and a 200-day moving average price of GBX 258.29. The firm has a market capitalization of £610.24 million, a price-to-earnings ratio of 22.53, a PEG ratio of 3.16 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. Everplay Group has a 12-month low of GBX 205 and a 12-month high of GBX 440.50.

Analysts Set New Price Targets

Several brokerages recently weighed in on EVPL. Jefferies Financial Group restated a “buy” rating and set a GBX 380 target price on shares of Everplay Group in a report on Wednesday, July 29th. Shore Capital Group raised Everplay Group to a “buy” rating and set a GBX 460 price objective for the company in a research note on Tuesday. Berenberg Bank raised their target price on shares of Everplay Group from GBX 370 to GBX 495 and gave the stock a “buy” rating in a report on Wednesday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 455 target price on shares of Everplay Group in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Everplay Group has a consensus rating of “Buy” and an average target price of GBX 454.

Everplay Group Company Profile

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.