THG (LON:THG) Earns “Buy” Rating from Jefferies Financial Group
by Michael Walen · The Markets DailyTHG (LON:THG – Get Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a report issued on Thursday, Digital Look reports. They presently have a GBX 60 price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 84.84% from the company’s previous close.
THG Stock Performance
LON:THG opened at GBX 32.46 on Thursday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 145.47. THG has a fifty-two week low of GBX 25.52 and a fifty-two week high of GBX 52.55. The stock has a market cap of £515.09 million, a PE ratio of -6.49, a price-to-earnings-growth ratio of -0.08 and a beta of 2.49. The firm’s fifty day simple moving average is GBX 30.10 and its 200-day simple moving average is GBX 31.24.
THG (LON:THG – Get Free Report) last announced its quarterly earnings results on Thursday, September 10th. The company reported GBX (3) earnings per share (EPS) for the quarter. THG had a negative net margin of 3.73% and a negative return on equity of 16.03%. Analysts expect that THG will post -6.72 earnings per share for the current fiscal year.
THG Company Profile
THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.
We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.
THG is home to three key divisions: Beauty, Nutrition, and Ingenuity. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.
THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.