Spire Healthcare Group PLC (SPI) Issues Quarterly Earnings Results
Spire Healthcare Group PLC (LON:SPI) posted its quarterly earnings results on Thursday. The company reported GBX 8.70 ($0.11) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 8.60 ($0.11) by GBX 0.10 ($0.00), Bloomberg Earnings reports. The business had revenue of GBX 4,810 billion for the quarter. Spire Healthcare Group PLC had a return on equity of 3.47% and a net margin of 3.92%.
Spire Healthcare Group PLC (LON:SPI) opened at 260.20 on Friday. The firm’s market cap is GBX 1.04 billion. Spire Healthcare Group PLC has a one year low of GBX 228.48 and a one year high of GBX 411.00. The stock has a 50 day moving average price of GBX 327.79 and a 200 day moving average price of GBX 332.90.
Several analysts have weighed in on the company. Liberum Capital downgraded Spire Healthcare Group PLC to a “hold” rating and dropped their price target for the company from GBX 400 ($5.17) to GBX 370 ($4.78) in a research note on Wednesday, July 19th. Credit Suisse Group reiterated an “underperform” rating on shares of Spire Healthcare Group PLC in a research note on Friday, July 21st. Numis Securities Ltd reissued an “add” rating and issued a GBX 375 ($4.84) price objective on shares of Spire Healthcare Group PLC in a report on Wednesday, July 26th. Jefferies Group LLC boosted their price objective on Spire Healthcare Group PLC from GBX 305 ($3.94) to GBX 350 ($4.52) and gave the company a “hold” rating in a report on Thursday, June 1st. Finally, Berenberg Bank boosted their price objective on Spire Healthcare Group PLC from GBX 360 ($4.65) to GBX 390 ($5.04) and gave the company a “buy” rating in a report on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 347 ($4.48).
TRADEMARK VIOLATION NOTICE: This news story was first published by Daily Political and is the property of of Daily Political. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of U.S. & international copyright law. The legal version of this news story can be read at https://www.dailypolitical.com/2017/09/16/spire-healthcare-group-plc-spi-issues-quarterly-earnings-results.html.
About Spire Healthcare Group PLC
Spire Healthcare Group plc is a United Kingdom-based independent hospital group. The Company provides in-patient, daycase and out-patient care from approximately 40 hospitals, 10 clinics and over two specialist care centers across the United Kingdom. The Company also owns and operates a sports medicine, physiotherapy and rehabilitation brand, Perform, and a screening service, Lifescan, as well as national pathology services.
Receive News & Ratings for Spire Healthcare Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spire Healthcare Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.