Pinewood Technologies Group PLC (LON:PINE – Get Free Report)’s share price traded down 3.5% during trading on Thursday . The company traded as low as GBX 243 and last traded at GBX 246.50. 357,559 shares traded hands during trading, a decline of 92% from the average session volume of 4,529,770 shares. The stock had previously closed at GBX 255.50.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 670 price objective on shares of Pinewood Technologies Group in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 670.
Check Out Our Latest Stock Report on Pinewood Technologies Group
Pinewood Technologies Group Stock Down 1.0%
Pinewood Technologies Group (LON:PINE – Get Free Report) last released its earnings results on Wednesday, April 22nd. The company reported GBX 48 earnings per share (EPS) for the quarter. The business had revenue of GBX 4,050 million during the quarter. Pinewood Technologies Group had a return on equity of 35.39% and a net margin of 124.20%. On average, research analysts anticipate that Pinewood Technologies Group PLC will post 9.8256735 EPS for the current year.
Pinewood Technologies Group Company Profile
1981 – Origins
Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup.
1980s–1990s – Early Innovation
The team created one of the UK’s first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC.
As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.
Recommended Stories
- Five stocks we like better than Pinewood Technologies Group
- Beyond the AI Trade: 3 Defensive Stocks Built for Stability
- MarketBeat Week in Review – 06/15 – 06/19
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
Receive News & Ratings for Pinewood Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinewood Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.
