FRP Advisory Group (LON:FRP) Issues Earnings Results

FRP Advisory Group (LON:FRP) announced its earnings results on Wednesday. The company reported GBX 11.92 EPS for the quarter, Digital Look Earnings reports. FRP Advisory Group had a net margin of 14.16% and a return on equity of 23.18%.

FRP Advisory Group Trading Up 2.2%

FRP traded up GBX 2.50 during trading hours on Wednesday, reaching GBX 116. 2,117,575 shares of the company’s stock traded hands, compared to its average volume of 803,785. The firm has a market capitalization of £286.63 million, a PE ratio of 12.83 and a beta of 0.26. The company has a quick ratio of 2.12, a current ratio of 14.59 and a debt-to-equity ratio of 19.26. FRP Advisory Group has a 52-week low of GBX 102.26 and a 52-week high of GBX 151. The firm has a 50-day moving average price of GBX 113.28 and a 200 day moving average price of GBX 119.23.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 220 price target on shares of FRP Advisory Group in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 220.

About FRP Advisory Group

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other. We draw on experts within each of our service areas to put the best people in place for each circumstance.

Working across the board, from multinational organisations to small enterprises, we develop effective strategies for all kinds of businesses.