Ibstock (LON:IBST) Releases Quarterly Earnings Results

Ibstock (LON:IBST) issued its quarterly earnings data on Thursday. The company reported GBX 7.70 ($0.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ibstock had a return on equity of 1.83% and a net margin of 2.01%.

Ibstock Stock Performance

IBST opened at GBX 169.40 ($2.19) on Friday. The firm has a market cap of £667.46 million, a P/E ratio of 91.71, a price-to-earnings-growth ratio of 0.47 and a beta of 1.34. Ibstock has a 52-week low of GBX 133 ($1.72) and a 52-week high of GBX 212 ($2.74). The company has a debt-to-equity ratio of 46.91, a quick ratio of 1.19 and a current ratio of 1.37. The business’s fifty day moving average is GBX 167.09 and its 200-day moving average is GBX 180.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on Ibstock from GBX 225 ($2.91) to GBX 240 ($3.10) and gave the stock a “buy” rating in a research note on Thursday, February 20th.

About Ibstock

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.