Marston’s (LON:MARS) Releases Earnings Results

Marston’s (LON:MARS) issued its earnings results on Monday. The company reported GBX 8.50 EPS for the quarter, Digital Look Earnings reports. Marston’s had a negative return on equity of 2.72% and a negative net margin of 1.91%.

Marston’s Stock Performance

MARS opened at GBX 56.80 on Wednesday. The company has a debt-to-equity ratio of 198.96, a current ratio of 0.36 and a quick ratio of 0.23. The firm has a fifty day moving average price of GBX 49.78 and a 200 day moving average price of GBX 43.78. Marston’s has a 1 year low of GBX 31.10 and a 1 year high of GBX 62.90. The stock has a market cap of £360.53 million, a P/E ratio of 5.12, a P/E/G ratio of -0.16 and a beta of 1.68.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Marston’s from GBX 78 to GBX 85 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Shore Capital restated a “buy” rating on shares of Marston’s in a research report on Wednesday, October 8th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 80 price target on shares of Marston’s in a report on Tuesday, November 25th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 75 price objective on shares of Marston’s in a research note on Tuesday, November 25th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 80.

Marston’s Company Profile

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007.