H&T Group (LON:HAT) Issues Quarterly Earnings Results

H&T Group (LON:HAT) issued its quarterly earnings results on Tuesday. The company reported GBX 51.17 ($0.67) EPS for the quarter, Digital Look Earnings reports. H&T Group had a net margin of 9.06% and a return on equity of 12.14%.

H&T Group Price Performance

H&T Group stock opened at GBX 396 ($5.15) on Thursday. The stock has a market cap of £172.56 million, a P/E ratio of 7.84 and a beta of 0.69. The company has a fifty day simple moving average of GBX 353.45 and a 200-day simple moving average of GBX 360.06. H&T Group has a 12-month low of GBX 325.50 ($4.23) and a 12-month high of GBX 440 ($5.72). The company has a current ratio of 15.96, a quick ratio of 4.55 and a debt-to-equity ratio of 46.82.

H&T Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 29th will be given a dividend of GBX 11 ($0.14) per share. This is a boost from H&T Group’s previous dividend of $7.00. This represents a dividend yield of 2.84%. The ex-dividend date is Thursday, May 29th. H&T Group’s payout ratio is 35.61%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Canaccord Genuity Group raised their price target on shares of H&T Group from GBX 531 ($6.91) to GBX 559 ($7.27) and gave the company a “buy” rating in a research report on Tuesday. Shore Capital reaffirmed a “house stock” rating on shares of H&T Group in a research report on Tuesday.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.