Nichols (LON:NICL) Announces Quarterly Earnings Results

Nichols (LON:NICL) announced its quarterly earnings data on Wednesday. The company reported GBX 30.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Nichols had a return on equity of 23.59% and a net margin of 12.25%.

Nichols Stock Performance

Shares of LON:NICL traded up GBX 19 during trading on Wednesday, hitting GBX 1,034. 89,951 shares of the company traded hands, compared to its average volume of 42,567. The company has a quick ratio of 2.58, a current ratio of 3.63 and a debt-to-equity ratio of 4.97. The business’s fifty day moving average is GBX 958.90 and its 200-day moving average is GBX 964.22. The stock has a market capitalization of £378.08 million, a price-to-earnings ratio of 17.73 and a beta of 0.43. Nichols has a one year low of GBX 880 and a one year high of GBX 1,430.

Analyst Ratings Changes

Several research firms recently issued reports on NICL. Berenberg Bank reissued a “buy” rating and set a GBX 1,720 price target on shares of Nichols in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,150 target price on shares of Nichols in a report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,390.

Nichols Company Profile