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Ibstock (LON:IBST) Issues Quarterly Earnings Results

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Ibstock (LON:IBST - Get Free Report) posted its earnings results on Thursday. The company reported GBX 7.70 ($0.10) EPS for the quarter, Digital Look Earnings reports. Ibstock had a net margin of 2.01% and a return on equity of 1.83%.

Ibstock Stock Performance

Shares of LON IBST traded down GBX 3.20 ($0.04) during trading on Monday, reaching GBX 166.20 ($2.14). 668,186 shares of the company traded hands, compared to its average volume of 3,374,250. The stock has a market capitalization of £654.85 million, a PE ratio of 89.98, a P/E/G ratio of 0.47 and a beta of 1.34. Ibstock has a 52-week low of GBX 133 ($1.71) and a 52-week high of GBX 212 ($2.73). The company has a quick ratio of 1.19, a current ratio of 1.37 and a debt-to-equity ratio of 46.91. The firm has a 50 day simple moving average of GBX 167.09 and a 200-day simple moving average of GBX 179.92.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Ibstock from GBX 225 ($2.90) to GBX 240 ($3.09) and gave the company a "buy" rating in a research note on Thursday, February 20th.

Check Out Our Latest Research Report on Ibstock

About Ibstock

(Get Free Report)

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.

Further Reading

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