Ten Lifestyle Group (LON:TENG) Posts Quarterly Earnings Results

Ten Lifestyle Group (LON:TENG) released its quarterly earnings data on Wednesday. The company reported GBX 3.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 7,381 million for the quarter. Ten Lifestyle Group had a net margin of 1.95% and a return on equity of 5.18%.

Ten Lifestyle Group Stock Down 2.4%

TENG traded down GBX 2.19 during trading on Wednesday, hitting GBX 90.31. 201,697 shares of the company’s stock were exchanged, compared to its average volume of 131,995. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 30.85. The business’s 50 day moving average is GBX 96.75 and its two-hundred day moving average is GBX 86.07. Ten Lifestyle Group has a fifty-two week low of GBX 51.76 and a fifty-two week high of GBX 104. The stock has a market cap of £87.39 million, a P/E ratio of 64.50 and a beta of 0.92.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “buy” rating and issued a GBX 189 target price on shares of Ten Lifestyle Group in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 189.

Ten Lifestyle Group Company Profile

Ten Lifestyle Group (‘Ten’) partners with financial institutions and other premium brands to attract and retain wealthy and mass affluent customers. Millions of members have access to Ten’s services across lifestyle, travel, dining and entertainment on behalf of over fifty clients. Ten’s partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees. Ten’s operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and over 25 years of proprietary expertise delivered from over 20 global offices.