Anpario (LON:ANP) Announces Quarterly Earnings Results

Anpario (LON:ANP) announced its quarterly earnings results on Monday. The company reported GBX 28.40 ($0.37) earnings per share for the quarter, Digital Look Earnings reports. Anpario had a return on equity of 8.74% and a net margin of 9.23%.

Anpario Trading Down 1.8 %

Shares of ANP traded down GBX 7.05 ($0.09) on Monday, reaching GBX 377.90 ($4.89). 94,380 shares of the company’s stock were exchanged, compared to its average volume of 51,222. Anpario has a 12 month low of GBX 225 ($2.91) and a 12 month high of GBX 488.55 ($6.32). The stock has a market capitalization of £64.47 million, a P/E ratio of 20.87 and a beta of 0.58. The company has a current ratio of 6.15, a quick ratio of 5.16 and a debt-to-equity ratio of 0.10. The business has a 50 day moving average price of GBX 435.60 and a two-hundred day moving average price of GBX 376.66.

Anpario Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, July 10th will be issued a dividend of GBX 8 ($0.10) per share. This is a boost from Anpario’s previous dividend of $3.25. This represents a yield of 2.09%. The ex-dividend date is Thursday, July 10th. Anpario’s payout ratio is currently 60.74%.

Analyst Upgrades and Downgrades

ANP has been the subject of a number of recent analyst reports. Shore Capital reiterated a “house stock” rating on shares of Anpario in a research report on Monday. Canaccord Genuity Group lifted their target price on shares of Anpario from GBX 380 ($4.91) to GBX 500 ($6.46) and gave the company a “buy” rating in a research note on Tuesday, January 14th.

About Anpario

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.