Scottish Mortgage (LON:SMT) Posts Earnings Results

Scottish Mortgage (LON:SMT) released its earnings results on Wednesday. The company reported GBX 2.28 EPS for the quarter, Digital Look Earnings reports. Scottish Mortgage had a net margin of 97.44% and a return on equity of 28.15%. The business had revenue of GBX 3,311 million for the quarter.

Scottish Mortgage Price Performance

Scottish Mortgage stock opened at GBX 1,498.50 on Thursday. The firm’s 50 day simple moving average is GBX 1,359.54 and its 200-day simple moving average is GBX 1,236.77. The company has a market cap of £16.25 billion, a P/E ratio of 4.87 and a beta of 1.14. Scottish Mortgage has a fifty-two week low of GBX 972.40 and a fifty-two week high of GBX 1,540.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of Scottish Mortgage in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Scottish Mortgage presently has a consensus rating of “Buy”.

Scottish Mortgage Company Profile

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.