Jefferies Financial Group Reaffirms “Buy” Rating for THG (LON:THG)

THG (LON:THG)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 60 price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 85.87% from the company’s previous close.

THG Stock Performance

LON:THG traded up GBX 4.76 on Thursday, hitting GBX 32.28. The company’s stock had a trading volume of 397,915,844 shares, compared to its average volume of 13,897,093. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 145.47. The stock has a fifty day moving average of GBX 30.08 and a two-hundred day moving average of GBX 31.25. The firm has a market capitalization of £512.24 million, a P/E ratio of -6.46, a price-to-earnings-growth ratio of -0.08 and a beta of 2.49. THG has a one year low of GBX 25.52 and a one year high of GBX 52.55.

THG (LON:THG) last released its quarterly earnings data on Thursday, September 10th. The company reported GBX (3) earnings per share (EPS) for the quarter. THG had a negative net margin of 3.73% and a negative return on equity of 16.03%. Research analysts predict that THG will post -6.72 earnings per share for the current year.

Key Stories Impacting THG

Here are the key news stories impacting THG this week:

• Positive Sentiment: Profit forecast raised: THG upgraded its FY26 adjusted EBITDA expectation to approximately £103 million, above market expectations. Management cited continued momentum in the core business, particularly Myprotein and MP Activewear. THG Plc Upgrades FY26 Adjusted EBITDA Expectations
• Positive Sentiment: Lower input costs should support margins: Falling whey prices are reducing costs for the Myprotein business, improving the outlook for profitability. THG also said it expects FY26 to be its first year of positive cash flow, an important development for a highly leveraged company. THG Upgrades Profit Forecast as Whey Protein Costs Tumble
• Positive Sentiment: Operational progress at THG Fulfil: Footasylum said its new AutoStore system, using THG’s fulfilment technology, more than doubled manual output. The result provides evidence that THG’s logistics offering can improve customer efficiency and potentially support future growth in the fulfilment division. Footasylum’s AutoStore System via THG Fulfil Technology
• Positive Sentiment: Analyst support: Jefferies reaffirmed its “buy” rating and set a GBX 60 price target, implying substantial upside based on the reported trading level.
• Neutral Sentiment: Revenue growth was limited: Third-quarter revenue increased 1.3%, indicating that the profit upgrade was driven more by mix, cost savings and Nutrition strength than by broad-based sales acceleration. THG Shares Rise as Myprotein Growth Drives Profit Upgrade
• Negative Sentiment: Beauty remains a weak spot: A softer quarter for the Beauty division partially offset Nutrition’s performance, leaving investors dependent on continued Myprotein momentum and cost benefits to sustain the improved outlook. THG Raises Full-Year Profit Expectations

About THG

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.

We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.

THG is home to three key divisions: Beauty, Nutrition, and Ingenuity. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.