Next 15 Group (LON:NFG) Announces Quarterly Earnings Results

Next 15 Group (LON:NFG) issued its earnings results on Thursday. The company reported GBX 22 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Next 15 Group had a negative net margin of 4.90% and a negative return on equity of 20.40%.

Next 15 Group Stock Down 10.0%

Shares of LON:NFG traded down GBX 33 during midday trading on Thursday, hitting GBX 297. The stock had a trading volume of 4,101,104 shares, compared to its average volume of 499,099. The company’s 50-day moving average price is GBX 316.12 and its 200-day moving average price is GBX 279.34. Next 15 Group has a fifty-two week low of GBX 217 and a fifty-two week high of GBX 439.50. The company has a market capitalization of £303.91 million, a P/E ratio of -9.90 and a beta of 1.30.

Analyst Upgrades and Downgrades

NFG has been the subject of several analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 465 price objective on shares of Next 15 Group in a research note on Thursday. Berenberg Bank reissued a “buy” rating and issued a GBX 510 price target on shares of Next 15 Group in a report on Thursday. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Next 15 Group currently has an average rating of “Buy” and an average price target of GBX 484.67.

About Next 15 Group

Next 15 is redefining the landscape of growth consultancy with The Next Network, a decentralised collective of specialist consultancies, agencies, product builders, and venture creators. Our network is built for agility, powered by data, technology, and artificial intelligence, and is driven by the profound expertise of top-tier professionals. With a focus on innovation and a commitment to sustainability, we help clients navigate the complexities of modern markets.

The company’s approach is underpinned by four pillars of excellence: Customer Insight, Customer Engagement, Customer Delivery, and Business Transformation.