Distribution Finance Capital (LON:DFCH) Stock Price Up 11.6% – Still a Buy?

Distribution Finance Capital Holdings plc (LON:DFCH)’s stock price traded up 11.6% during trading on Friday . The company traded as high as GBX 67 and last traded at GBX 66.40. Approximately 2,128,634 shares changed hands during mid-day trading, an increase of 691% from the average daily volume of 269,260 shares. The stock had previously closed at GBX 59.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “buy” rating and set a GBX 90 price objective on shares of Distribution Finance Capital in a report on Friday. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Distribution Finance Capital has an average rating of “Buy” and an average target price of GBX 90.

Distribution Finance Capital Stock Performance

The company has a debt-to-equity ratio of 13.69, a current ratio of -20,564.14 and a quick ratio of 1.16. The company has a fifty day moving average price of GBX 57.22 and a 200 day moving average price of GBX 58.07. The stock has a market cap of £108.96 million, a P/E ratio of 7.90 and a beta of 0.88.

Distribution Finance Capital (LON:DFCH) last posted its quarterly earnings results on Monday, March 23rd. The company reported GBX 8.30 earnings per share (EPS) for the quarter. Distribution Finance Capital had a net margin of 20.97% and a return on equity of 12.38%. On average, equities analysts expect that Distribution Finance Capital Holdings plc will post 2.29 EPS for the current year.

About Distribution Finance Capital

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.