Ten Lifestyle Group (LON:TENG) Issues Quarterly Earnings Results

Ten Lifestyle Group (LON:TENG) released its earnings results on Wednesday. The company reported GBX 3.90 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 7,381 million during the quarter. Ten Lifestyle Group had a return on equity of 5.18% and a net margin of 1.95%.

Ten Lifestyle Group Price Performance

TENG stock opened at GBX 89 on Thursday. The company’s 50-day moving average price is GBX 96.65 and its two-hundred day moving average price is GBX 86.17. The firm has a market cap of £86.12 million, a P/E ratio of 63.57 and a beta of 0.92. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 30.85. Ten Lifestyle Group has a 12 month low of GBX 56.12 and a 12 month high of GBX 104.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “buy” rating and set a GBX 189 target price on shares of Ten Lifestyle Group in a report on Wednesday. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 189.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group (‘Ten’) partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers. Millions of members have access to Ten’s services across lifestyle, travel, dining and entertainment on behalf of over fifty clients. Ten’s partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees. Ten’s operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and over 25 years of proprietary expertise delivered from over 20 global offices.