Portmeirion Group’s (PMP) “House Stock” Rating Reiterated at Shore Capital Group

Shore Capital Group restated their house stock rating on shares of Portmeirion Group (LON:PMP) in a research note released on Tuesday,Digital Look reports. Shore Capital Group currently has a GBX 100 price objective on the stock.

Portmeirion Group Stock Performance

PMP opened at GBX 47.38 on Tuesday. The company has a debt-to-equity ratio of 59.99, a current ratio of 1.54 and a quick ratio of 0.68. The business has a fifty day simple moving average of GBX 59.75 and a 200 day simple moving average of GBX 81.77. Portmeirion Group has a 1 year low of GBX 47.14 and a 1 year high of GBX 138. The company has a market capitalization of £24.13 million, a PE ratio of -1.05, a price-to-earnings-growth ratio of 0.75 and a beta of 0.45.

Portmeirion Group (LON:PMP) last posted its quarterly earnings data on Wednesday, May 6th. The company reported GBX (25.30) earnings per share for the quarter. Portmeirion Group had a negative return on equity of 12.61% and a negative net margin of 6.86%.The firm had revenue of GBX 9,106 million for the quarter. Research analysts expect that Portmeirion Group will post 52.5900016 EPS for the current year.

Insider Buying and Selling at Portmeirion Group

In other Portmeirion Group news, insider Peter Tracey purchased 230,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were acquired at an average cost of GBX 50 per share, with a total value of £115,000. Also, insider Jonathan Hill acquired 100,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was acquired at an average price of GBX 50 per share, with a total value of £50,000. Insiders purchased 500,000 shares of company stock valued at $25,000,000 in the last quarter. Company insiders own 2.87% of the company’s stock.

About Portmeirion Group

“Our vision is to be a leading force in the global homeware sector focused on growing our great British brands.”

Based in Stoke-on-Trent, we are the owner, designer, manufacturer and omni-channel retailer of leading homeware brands in global markets. Our much loved brands include Portmeirion, Spode, Royal Worcester, Nambé, Pimpernel and Wax Lyrical. Recognised around the world, our brands have a combined history of over 700 years.

With a consistent track record of growth, our revenue is generated from a variety of different channels, markets, currencies and product categories.