Next 15 Group (LON:NFG) Issues Earnings Results

Next 15 Group (LON:NFG) announced its quarterly earnings results on Thursday. The company reported GBX 22 EPS for the quarter, Digital Look Earnings reports. Next 15 Group had a negative return on equity of 20.40% and a negative net margin of 4.90%.

Next 15 Group Trading Down 10.0%

Shares of LON:NFG traded down GBX 33 during mid-day trading on Thursday, hitting GBX 297. 4,101,104 shares of the company traded hands, compared to its average volume of 499,099. The stock has a 50-day moving average price of GBX 316.12 and a two-hundred day moving average price of GBX 279.34. Next 15 Group has a 12-month low of GBX 217 and a 12-month high of GBX 439.50. The stock has a market cap of £303.91 million, a P/E ratio of -9.90 and a beta of 1.30.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Peel Hunt reiterated a “buy” rating and set a GBX 465 price target on shares of Next 15 Group in a report on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 510 target price on shares of Next 15 Group in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 484.67.

Next 15 Group Company Profile

Next 15 is redefining the landscape of growth consultancy with The Next Network, a decentralised collective of specialist consultancies, agencies, product builders, and venture creators. Our network is built for agility, powered by data, technology, and artificial intelligence, and is driven by the profound expertise of top-tier professionals. With a focus on innovation and a commitment to sustainability, we help clients navigate the complexities of modern markets.

The company’s approach is underpinned by four pillars of excellence: Customer Insight, Customer Engagement, Customer Delivery, and Business Transformation.