Warpaint London (LON:W7L) Releases Quarterly Earnings Results

Warpaint London (LON:W7L) announced its quarterly earnings results on Wednesday. The company reported GBX 16.68 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of £105.08 million during the quarter. Warpaint London had a net margin of 14.89% and a return on equity of 21.32%.

Warpaint London Trading Down 8.3%

Shares of W7L stock traded down GBX 15.50 during trading hours on Wednesday, hitting GBX 172. 2,877,720 shares of the company’s stock traded hands, compared to its average volume of 458,040. The stock’s 50 day simple moving average is GBX 215.58 and its 200 day simple moving average is GBX 208.13. The stock has a market cap of £138.95 million, a PE ratio of 8.71 and a beta of 0.18. Warpaint London has a 12 month low of GBX 165 and a 12 month high of GBX 495. The company has a quick ratio of 1.56, a current ratio of 3.53 and a debt-to-equity ratio of 14.19.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank dropped their price target on shares of Warpaint London from GBX 510 to GBX 470 and set a “buy” rating for the company in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 455.

About Warpaint London

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services. Warpaint London PLC sells its products to retailers, distributors, supermarkets, and retail chains, as well as through online. The company operates in the United Kingdom, rest of Europe, Spain, Denmark, the United States, Australia, New Zealand, and internationally.