Premier Miton Group (LON:PMI) Releases Quarterly Earnings Results

Premier Miton Group (LON:PMI) announced its quarterly earnings data on Thursday. The company reported GBX 1.54 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 2,692 million for the quarter. Premier Miton Group had a net margin of 0.16% and a return on equity of 0.09%.

Premier Miton Group Price Performance

Premier Miton Group stock opened at GBX 36.40 on Friday. The firm has a 50-day moving average price of GBX 39.37 and a 200-day moving average price of GBX 46.19. The firm has a market capitalization of £57.36 million, a PE ratio of 47.89 and a beta of 0.50. The company has a current ratio of 242.13, a quick ratio of 1.21 and a debt-to-equity ratio of 1.47. Premier Miton Group has a 12-month low of GBX 34.53 and a 12-month high of GBX 78.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group cut shares of Premier Miton Group to a “buy” rating and set a GBX 58 price objective for the company. in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 58.

Insider Activity

In related news, insider Piers Godfrey Harrison acquired 4,463 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The stock was bought at an average price of GBX 40 per share, for a total transaction of £1,785.20. Also, insider Michael Patrick O’Shea acquired 4,463 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were bought at an average price of GBX 40 per share, with a total value of £1,785.20. 10.79% of the stock is currently owned by company insiders.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.