Distribution Finance Capital (LON:DFCH) Stock Falls 0.2% – Here’s Why

Distribution Finance Capital Holdings plc (LON:DFCH) shares traded down 0.2% during trading on Wednesday. The stock traded as low as GBX 70 and last traded at GBX 70.88. 11,265 shares changed hands during trading, a decline of 96% from the average daily volume of 317,774 shares. The stock had previously closed at GBX 71.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group lifted their price target on shares of Distribution Finance Capital from GBX 90 to GBX 94 and gave the company a “buy” rating in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 94.

Distribution Finance Capital Stock Performance

The company has a current ratio of -27,041.00, a quick ratio of 1.16 and a debt-to-equity ratio of 16.66. The company has a market cap of £115.43 million, a P/E ratio of 6.67 and a beta of 0.87. The company has a 50 day moving average price of GBX 72.46 and a 200-day moving average price of GBX 64.98.

Distribution Finance Capital (LON:DFCH) last announced its quarterly earnings data on Thursday, September 10th. The company reported GBX 6 earnings per share for the quarter. Distribution Finance Capital had a return on equity of 13.97% and a net margin of 17.97%. On average, equities analysts expect that Distribution Finance Capital Holdings plc will post 2.29 earnings per share for the current fiscal year.

Insider Transactions at Distribution Finance Capital

In other Distribution Finance Capital news, insider Sameera Khaliq bought 20,621 shares of the stock in a transaction on Monday, October 12th. The stock was purchased at an average price of GBX 73 per share, with a total value of £15,053.33. Also, insider Mark Stephens bought 13,345 shares of the company’s stock in a transaction dated Monday, September 28th. The stock was bought at an average cost of GBX 75 per share, with a total value of £10,008.75. Insiders own 5.61% of the company’s stock.

Distribution Finance Capital Company Profile

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.