Nichols (LON:NICL) Releases Earnings Results

Nichols (LON:NICL) issued its quarterly earnings results on Wednesday. The company reported GBX 67.53 earnings per share for the quarter, Digital Look Earnings reports. Nichols had a return on equity of 20.45% and a net margin of 10.03%.

Nichols Stock Up 4.4%

NICL stock opened at GBX 949.76 on Wednesday. Nichols has a 1-year low of GBX 880 and a 1-year high of GBX 1,480. The business has a fifty day moving average price of GBX 984.27 and a 200-day moving average price of GBX 1,038.30. The company has a debt-to-equity ratio of 1.93, a current ratio of 2.91 and a quick ratio of 2.58. The stock has a market capitalization of £347.26 million, a P/E ratio of 19.85 and a beta of 0.50.

Insider Activity

In other Nichols news, insider Alan Williams acquired 2,500 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were bought at an average cost of GBX 970 per share, with a total value of £24,250. 9.05% of the stock is currently owned by insiders.

Analysts Set New Price Targets

NICL has been the topic of a number of analyst reports. Peel Hunt reiterated a “hold” rating and issued a GBX 1,300 price target on shares of Nichols in a research note on Tuesday, November 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,820 target price on shares of Nichols in a report on Tuesday, November 11th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Nichols from GBX 1,250 to GBX 1,150 and set a “hold” rating on the stock in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of GBX 1,423.33.

About Nichols