The Property Franchise Group (LON:TPFG) Releases Quarterly Earnings Results

The Property Franchise Group (LON:TPFG) announced its quarterly earnings results on Tuesday. The company reported GBX 31.70 ($0.40) EPS for the quarter, Digital Look Earnings reports. The Property Franchise Group had a net margin of 18.96% and a return on equity of 8.40%.

The Property Franchise Group Stock Up 0.7 %

Shares of TPFG opened at GBX 408.30 ($5.20) on Tuesday. The Property Franchise Group has a twelve month low of GBX 336.55 ($4.28) and a twelve month high of GBX 490 ($6.24). The stock has a market cap of £259.69 million, a PE ratio of 16.87 and a beta of 0.42. The business’s 50-day moving average price is GBX 428.19 and its 200-day moving average price is GBX 423.80.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 589 ($7.50) target price on shares of The Property Franchise Group in a research report on Thursday, January 30th.

Insider Activity

In related news, insider Michelle Brook sold 8,788 shares of the stock in a transaction on Monday, February 17th. The stock was sold at an average price of GBX 439 ($5.59), for a total value of £38,579.32 ($49,108.10). 19.92% of the stock is owned by company insiders.

About The Property Franchise Group

The Property Franchise Group PLC (AIM: TPFG) is the UK’s largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business.

The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.