AO World (LON:AO – Get Free Report) issued its earnings results on Wednesday. The company reported GBX 6.36 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of GBX 126.66 billion during the quarter. AO World had a return on equity of 7.92% and a net margin of 0.98%.
AO World Stock Performance
AO opened at GBX 91.50 on Thursday. The stock has a market cap of £532.10 million, a P/E ratio of 20.86, a P/E/G ratio of -2.13 and a beta of 1.22. The company has a debt-to-equity ratio of 41.38, a current ratio of 1.02 and a quick ratio of 0.48. The stock’s 50 day simple moving average is GBX 90.39 and its 200 day simple moving average is GBX 98.06. AO World has a 1-year low of GBX 77.15 and a 1-year high of GBX 120.40.
Insider Buying and Selling at AO World
In related news, insider John Roberts sold 5,359,056 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 90, for a total value of £4,823,150.40. 47.09% of the stock is currently owned by corporate insiders.
Key AO World News
- Positive Sentiment: AO World reported record annual profit, with quarterly EPS of GBX 6.36, revenue of GBX 126.66 billion, a 0.98% net margin and 7.92% return on equity, reinforcing the view that the business is still generating solid earnings momentum. Article Title
- Positive Sentiment: The company also proposed about $27 million in shareholder returns, which can be interpreted as a sign of confidence in cash generation and capital discipline. Article Title
- Positive Sentiment: Jefferies reaffirmed its buy rating and lifted its price target to GBX 160, which may help investor confidence in the stock’s upside potential. Article Title
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 160 target price on shares of AO World in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 134.
About AO World
AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances the United Kingdom and Germany. It retails fridge and freezers; laundry products; dishwashers; and audiovisual equipment, as well as computing, mobile, gaming, and smart home technology products. The company provides logistics and transport services. In addition, it engages in the investment activities; and waste electrical and electronic equipment (WEEE) recycling activities. The company sells its products through its websites, marketplaces, and third-party websites.
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