Ultimate Products’ (ULTP) House Stock Rating Reiterated at Shore Capital

Shore Capital reissued their house stock rating on shares of Ultimate Products (LON:ULTP) in a research note issued to investors on Tuesday, Marketbeat reports.

Ultimate Products Trading Down 0.8%

Ultimate Products stock opened at GBX 62.50 on Tuesday. The stock has a market cap of £52.40 million, a price-to-earnings ratio of 7.72 and a beta of 1.39. The company’s 50-day moving average price is GBX 62.41 and its two-hundred day moving average price is GBX 64.05. Ultimate Products has a 52 week low of GBX 43.80 and a 52 week high of GBX 142.

Ultimate Products (LON:ULTP) last posted its quarterly earnings data on Tuesday, October 28th. The company reported GBX 6.80 earnings per share for the quarter. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%. Research analysts expect that Ultimate Products will post 14.53125 earnings per share for the current fiscal year.

About Ultimate Products

Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK’s oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group’s products.

Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.