FRP Advisory Group (LON:FRP) Posts Earnings Results

FRP Advisory Group (LON:FRP) posted its earnings results on Wednesday. The company reported GBX 11.92 EPS for the quarter, Digital Look Earnings reports. FRP Advisory Group had a return on equity of 23.18% and a net margin of 14.16%.

FRP Advisory Group Price Performance

Shares of LON:FRP opened at GBX 118.70 on Thursday. The company has a 50-day simple moving average of GBX 113.32 and a 200-day simple moving average of GBX 119.10. FRP Advisory Group has a one year low of GBX 102.26 and a one year high of GBX 151. The company has a debt-to-equity ratio of 19.26, a quick ratio of 2.12 and a current ratio of 14.59. The stock has a market capitalization of £293.30 million, a price-to-earnings ratio of 13.13 and a beta of 0.26.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 220 price target on shares of FRP Advisory Group in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 220.

About FRP Advisory Group

FRP provide solutions to create, preserve and recover value across a range of complex situations.

Specialising in forensics, corporate finance, debt, restructuring and financial advisory, we deliver strategic solutions across a broad range of situations. Our five pillar services complement each other. We draw on experts within each of our service areas to put the best people in place for each circumstance.

Working across the board, from multinational organisations to small enterprises, we develop effective strategies for all kinds of businesses.