Pendragon (PDG) Issues Earnings Results

Pendragon (LON:PDG) released its quarterly earnings data on Tuesday. The company reported GBX 3.30 ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of GBX 3.20 ($0.04) by GBX 0.10 ($0.00), Digital Look Earnings reports. Pendragon had a net margin of 1.46% and a return on equity of 18.25%. The company had revenue of £473.91 billion for the quarter.

Shares of Pendragon (PDG) traded up GBX 1.05 ($0.01) during trading on Thursday, hitting GBX 25.05 ($0.35). 5,033,609 shares of the stock were exchanged, compared to its average volume of 2,060,000. The firm has a market cap of $350.33 and a PE ratio of 626.25. Pendragon has a fifty-two week low of GBX 20.03 ($0.28) and a fifty-two week high of GBX 39.25 ($0.54).

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 17 ($0.23) price objective on shares of Pendragon in a report on Wednesday. Liberum Capital reissued a “hold” rating and set a GBX 26 ($0.36) price objective on shares of Pendragon in a report on Tuesday. Canaccord Genuity reissued a “hold” rating and set a GBX 26 ($0.36) price objective on shares of Pendragon in a report on Monday, December 4th. Berenberg Bank reissued a “hold” rating and set a GBX 26 ($0.36) price objective on shares of Pendragon in a report on Monday, December 4th. Finally, Numis Securities reissued a “hold” rating and set a GBX 25 ($0.35) price objective on shares of Pendragon in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 24.17 ($0.33).

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Pendragon Company Profile

Pendragon PLC is an automotive online retailer. The Company’s principal market activities are the retailing of used and new vehicles and the service and repair of vehicles (aftersales). Its segments are Stratstone, which consists of its vehicles, truck and commercial vans brand, including the sale of new and used motor cars, motorbikes, trucks and vans, together with associated aftersales activities; Evans Halshaw, which consists of its volume brand, including the sale of new and used motor vehicles and commercial vans; US Motor Group, which consists of its retail operations in California in the United States, including the sale of new and used motor cars; Pinewood, which consists of its activities as a dealer management systems provider; Leasing, which consists of its contract hire and leasing activities; Quickco, which consists of its wholesale parts distribution businesses, and Central, which represents its head office function and includes all central activities.

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