Go-Ahead Group (LON:GOG) Posts Quarterly Earnings Results, Misses Expectations By $13.00 EPS

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Go-Ahead Group (LON:GOG) released its quarterly earnings results on Thursday. The company reported GBX 51.60 ($0.67) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 64.60 ($0.84) by GBX (13) (($0.17)), Digital Look Earnings reports.

Shares of GOG stock opened at GBX 566 ($7.40) on Friday. The company has a current ratio of 0.67, a quick ratio of 0.59 and a debt-to-equity ratio of 394.12. The firm has a fifty day moving average price of GBX 655.50 and a 200 day moving average price of GBX 960.94. The company has a market cap of $244.38 million and a P/E ratio of -8.51. Go-Ahead Group has a 12 month low of GBX 390.20 ($5.10) and a 12 month high of GBX 2,308.91 ($30.17).

Several analysts have recently commented on GOG shares. Royal Bank of Canada reduced their price target on shares of Go-Ahead Group from GBX 1,230 ($16.07) to GBX 950 ($12.41) and set a “sector performer” rating on the stock in a research report on Friday, July 17th. Peel Hunt reissued a “buy” rating on shares of Go-Ahead Group in a research report on Tuesday, July 14th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Go-Ahead Group presently has an average rating of “Buy” and an average price target of GBX 1,612 ($21.06).

About Go-Ahead Group

The Go-Ahead Group plc provides bus and rail passenger transportation services in the United Kingdom and Singapore. It operates through three segments: Regional Bus, London Bus, and Rail. The company also offers rail replacement and other contracted services. It serves the department for transport, and transport for London.

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