Nichols (LON:NICL) Issues Earnings Results

Nichols (LON:NICL) announced its earnings results on Wednesday. The company reported GBX 67.53 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Nichols had a net margin of 10.03% and a return on equity of 20.45%.

Nichols Stock Up 3.8%

Shares of LON NICL opened at GBX 1,005 on Thursday. The company has a market cap of £367.46 million, a P/E ratio of 21.01 and a beta of 0.50. The company has a current ratio of 2.91, a quick ratio of 2.58 and a debt-to-equity ratio of 1.93. Nichols has a 12-month low of GBX 880 and a 12-month high of GBX 1,480. The stock has a fifty day moving average price of GBX 984.55 and a 200 day moving average price of GBX 1,037.81.

Insider Transactions at Nichols

In related news, insider Alan Williams acquired 2,500 shares of Nichols stock in a transaction on Monday, December 15th. The shares were purchased at an average cost of GBX 970 per share, for a total transaction of £24,250. 9.05% of the stock is owned by corporate insiders.

Analyst Ratings Changes

NICL has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft decreased their price objective on Nichols from GBX 1,250 to GBX 1,150 and set a “hold” rating on the stock in a research note on Wednesday, January 14th. Berenberg Bank reduced their price objective on shares of Nichols from GBX 1,820 to GBX 1,720 and set a “buy” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Nichols has an average rating of “Hold” and a consensus target price of GBX 1,390.

About Nichols