Cohort (LON:CHRT) Posts Quarterly Earnings Results

Cohort (LON:CHRT) issued its earnings results on Wednesday. The company reported GBX 61.93 EPS for the quarter, Digital Look Earnings reports. Cohort had a return on equity of 13.59% and a net margin of 7.80%.

Cohort Stock Down 2.9%

CHRT stock opened at GBX 1,299.50 on Friday. The company has a debt-to-equity ratio of 30.21, a current ratio of 1.43 and a quick ratio of 0.93. Cohort has a 52-week low of GBX 881.10 and a 52-week high of GBX 1,722. The company has a 50-day moving average of GBX 1,253.76 and a two-hundred day moving average of GBX 1,223.95. The stock has a market capitalization of £595.56 million, a price-to-earnings ratio of 32.45 and a beta of 0.34.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Royal Bank Of Canada raised their price objective on Cohort from GBX 1,740 to GBX 1,760 and gave the company an “outperform” rating in a research note on Friday. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,300 target price on shares of Cohort in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Cohort has an average rating of “Moderate Buy” and an average target price of GBX 1,530.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

The Group is split into two segments:

Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt

– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.