Debenhams Capital (LON:DEBS) Issues Quarterly Earnings Results

Debenhams Capital (LON:DEBS) released its quarterly earnings data on Tuesday. The company reported GBX (2.36) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of £917 million during the quarter.

Debenhams Capital Price Performance

LON DEBS opened at GBX 23.50 on Tuesday. The business’s fifty day moving average price is GBX 18.43 and its 200-day moving average price is GBX 20.43. The stock has a market capitalization of £369.11 million and a price-to-earnings ratio of -2.32. Debenhams Capital has a 1-year low of GBX 10.30 and a 1-year high of GBX 29.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “hold” rating on shares of Debenhams Capital in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of GBX 17.50.

About Debenhams Capital

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.