Frasers Group (LON:FRAS) Posts Earnings Results

Frasers Group (LON:FRASGet Free Report) announced its quarterly earnings results on Thursday. The company reported GBX 79.20 earnings per share for the quarter, Digital Look Earnings reports. Frasers Group had a return on equity of 21.64% and a net margin of 9.42%.

Frasers Group Stock Down 2.9%

FRAS stock opened at GBX 727 on Friday. The stock has a market capitalization of £3.13 billion, a price-to-earnings ratio of 6.73, a price-to-earnings-growth ratio of 0.30 and a beta of 1.23. The company has a 50-day moving average of GBX 733.03 and a two-hundred day moving average of GBX 697.81. Frasers Group has a 52-week low of GBX 598 and a 52-week high of GBX 819.50. The company has a debt-to-equity ratio of 98.60, a current ratio of 2.08 and a quick ratio of 0.64.

Key Frasers Group News

Here are the key news stories impacting Frasers Group this week:

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Shore Capital Group reissued a “hold” rating on shares of Frasers Group in a research note on Tuesday, June 16th. Royal Bank Of Canada upped their target price on Frasers Group from GBX 720 to GBX 750 and gave the stock an “underperform” rating in a research report on Tuesday, June 16th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,100 price target on shares of Frasers Group in a report on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Frasers Group presently has a consensus rating of “Hold” and a consensus target price of GBX 925.

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About Frasers Group

(Get Free Report)

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing. It is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, equipment, and apparel; and licensing activities.

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Earnings History for Frasers Group (LON:FRAS)

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