Motorpoint Group (LON:MOTR) Releases Quarterly Earnings Results

Motorpoint Group (LON:MOTR) issued its quarterly earnings results on Wednesday. The company reported GBX 6.60 EPS for the quarter, Digital Look Earnings reports. Motorpoint Group had a net margin of 0.35% and a return on equity of 17.19%. The business had revenue of GBX 126.86 billion for the quarter.

Motorpoint Group Price Performance

Shares of LON:MOTR opened at GBX 127.50 on Wednesday. The firm’s 50 day moving average is GBX 127.86 and its two-hundred day moving average is GBX 132.28. Motorpoint Group has a 52 week low of GBX 111 and a 52 week high of GBX 190. The firm has a market capitalization of £101.53 million, a P/E ratio of 25.50 and a beta of 0.78. The company has a current ratio of 1.06, a quick ratio of 0.12 and a debt-to-equity ratio of 226.34.

Analysts Set New Price Targets

MOTR has been the topic of a number of recent research reports. Shore Capital Group reissued a “house stock” rating on shares of Motorpoint Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft cut their target price on shares of Motorpoint Group from GBX 190 to GBX 180 and set a “buy” rating on the stock in a report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Motorpoint Group presently has a consensus rating of “Buy” and a consensus target price of GBX 180.

About Motorpoint Group

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.