Premier Miton Group (LON:PMI) Releases Earnings Results

Premier Miton Group (LON:PMI) posted its quarterly earnings data on Thursday. The company reported GBX 1.54 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Premier Miton Group had a return on equity of 1.07% and a net margin of 1.90%.The firm had revenue of GBX 2,692 million during the quarter.

Premier Miton Group Trading Down 4.0%

LON PMI opened at GBX 36 on Thursday. The firm has a market cap of £56.73 million, a PE ratio of 47.37 and a beta of 0.50. The stock has a 50-day moving average of GBX 39.65 and a 200-day moving average of GBX 46.39. The company has a current ratio of 1.27, a quick ratio of 1.21 and a debt-to-equity ratio of 1.65. Premier Miton Group has a 1-year low of GBX 35 and a 1-year high of GBX 78.

Insider Activity

In other news, insider Michael Patrick O’Shea acquired 4,463 shares of the stock in a transaction dated Friday, April 24th. The stock was purchased at an average cost of GBX 40 per share, with a total value of £1,785.20. Also, insider Piers Godfrey Harrison acquired 4,463 shares of the stock in a transaction dated Friday, April 24th. The shares were purchased at an average cost of GBX 40 per share, with a total value of £1,785.20. Corporate insiders own 10.79% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group cut Premier Miton Group to a “buy” rating and set a GBX 58 price objective for the company. in a report on Thursday, April 16th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 58.

About Premier Miton Group

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.