Mitchells & Butlers (LON:MAB) Announces Quarterly Earnings Results

Mitchells & Butlers (LON:MAB) released its quarterly earnings results on Friday. The company reported GBX 30.90 earnings per share for the quarter, Digital Look Earnings reports. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%.

Mitchells & Butlers Stock Performance

MAB opened at GBX 283.50 on Friday. The business’s 50-day simple moving average is GBX 247.37 and its 200 day simple moving average is GBX 265.73. Mitchells & Butlers has a 52-week low of GBX 194.40 and a 52-week high of GBX 308. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of £1.68 billion, a PE ratio of 10.13, a PEG ratio of 2.76 and a beta of 1.71.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, September 25th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 337.50.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.