Scottish Mortgage (LON:SMT) Posts Earnings Results

Scottish Mortgage (LON:SMT) released its quarterly earnings results on Wednesday. The company reported GBX 2.28 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 3,311 million during the quarter. Scottish Mortgage had a net margin of 97.44% and a return on equity of 28.15%.

Scottish Mortgage Stock Performance

SMT stock opened at GBX 1,524.69 on Wednesday. Scottish Mortgage has a 52 week low of GBX 972.40 and a 52 week high of GBX 1,540. The firm’s fifty day moving average is GBX 1,353.20 and its 200 day moving average is GBX 1,233.82. The firm has a market cap of £16.53 billion, a P/E ratio of 4.96 and a beta of 1.14.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of Scottish Mortgage in a research note on Thursday, May 21st. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Scottish Mortgage has an average rating of “Buy”.

Scottish Mortgage Company Profile

Scottish Mortgage is a portfolio of what we believe are the world’s most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders’ returns and society as a whole. Explore our website and you’ll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.