Wilmington (LON:WIL) Announces Earnings Results

Wilmington (LON:WIL) announced its quarterly earnings results on Thursday. The company reported GBX 9.33 EPS for the quarter, Digital Look Earnings reports. Wilmington had a return on equity of 18.71% and a net margin of 18.89%.

Wilmington Stock Up 2.5%

LON WIL traded up GBX 7 on Thursday, hitting GBX 285. 2,941,654 shares of the company were exchanged, compared to its average volume of 227,812. Wilmington has a 12 month low of GBX 275 and a 12 month high of GBX 379. The company has a current ratio of 1.70, a quick ratio of 0.86 and a debt-to-equity ratio of 2.45. The company has a market cap of £255.23 million, a PE ratio of 22.49, a PEG ratio of 1.44 and a beta of 0.84. The stock has a fifty day moving average of GBX 291.51 and a 200-day moving average of GBX 314.85.

Insider Activity at Wilmington

In other news, insider Mark Milner bought 8,315 shares of Wilmington stock in a transaction dated Friday, November 28th. The stock was bought at an average cost of GBX 298 per share, for a total transaction of £24,778.70. 12.83% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on the company. Canaccord Genuity Group lifted their target price on Wilmington from GBX 450 to GBX 475 and gave the stock a “buy” rating in a report on Monday, December 8th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Wilmington from GBX 435 to GBX 465 and gave the company a “buy” rating in a research report on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 466.67.

About Wilmington

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.