Ultimate Products (LON:ULTP - Get Free Report)'s stock had its "house stock" rating reaffirmed by investment analysts at Shore Capital in a research note issued on Friday,Digital Look reports.
Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 130 ($1.73) target price on shares of Ultimate Products in a research note on Tuesday, March 25th.
Read Our Latest Analysis on ULTP
Ultimate Products Stock Performance
Shares of ULTP traded up GBX 0.80 ($0.01) during mid-day trading on Friday, reaching GBX 63.80 ($0.85). The stock had a trading volume of 159,704 shares, compared to its average volume of 180,889. The business has a fifty day moving average of GBX 73.58 and a 200 day moving average of GBX 102.26. The firm has a market cap of £54.14 million, a price-to-earnings ratio of 5.24 and a beta of 1.39. Ultimate Products has a 12 month low of GBX 60.42 ($0.81) and a 12 month high of GBX 185.50 ($2.47).
Ultimate Products (LON:ULTP - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 4.30 ($0.06) earnings per share for the quarter. Ultimate Products had a return on equity of 21.95% and a net margin of 6.77%. On average, research analysts forecast that Ultimate Products will post 14.53125 EPS for the current fiscal year.
Ultimate Products Company Profile
(
Get Free Report)
Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group's products.
Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.
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