Volution Group (LON:FAN) Announces Quarterly Earnings Results

Volution Group (LON:FAN) announced its earnings results on Thursday. The company reported GBX 38.20 EPS for the quarter, Digital Look Earnings reports. Volution Group had a net margin of 11.19% and a return on equity of 18.46%.

Volution Group Stock Performance

LON:FAN traded up GBX 1.03 on Thursday, hitting GBX 653.03. The stock had a trading volume of 1,793,804 shares, compared to its average volume of 1,975,856. Volution Group has a 52-week low of GBX 547 and a 52-week high of GBX 730. The stock has a market cap of £1.29 billion, a price-to-earnings ratio of 25.51 and a beta of 1.16. The company has a quick ratio of 0.98, a current ratio of 2.74 and a debt-to-equity ratio of 100.88. The business’s 50-day simple moving average is GBX 656.72 and its two-hundred day simple moving average is GBX 625.58.

Wall Street Analyst Weigh In

Several analysts recently commented on FAN shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 850 price objective on shares of Volution Group in a research report on Thursday. Berenberg Bank reiterated a “buy” rating and set a GBX 880 price target on shares of Volution Group in a report on Thursday. Finally, Peel Hunt restated a “buy” rating and issued a GBX 735 price objective on shares of Volution Group in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Volution Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 786.25.

Volution Group Company Profile

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK, the Nordics, Central Europe and Australasia.