Motorpoint Group (LON:MOTR) Issues Quarterly Earnings Results

Motorpoint Group (LON:MOTR) issued its quarterly earnings data on Wednesday. The company reported GBX 3.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Motorpoint Group had a negative net margin of 0.77% and a negative return on equity of 25.07%.

Motorpoint Group Price Performance

MOTR stock opened at GBX 153 on Thursday. The company has a debt-to-equity ratio of 422.83, a quick ratio of 0.12 and a current ratio of 1.20. The firm has a 50 day moving average price of GBX 159.82 and a 200-day moving average price of GBX 163.54. Motorpoint Group has a 52-week low of GBX 115 and a 52-week high of GBX 190. The firm has a market capitalization of £125.68 million, a price-to-earnings ratio of 42.50 and a beta of 1.00.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Shore Capital reissued a “house stock” rating on shares of Motorpoint Group in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reduced their target price on Motorpoint Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a report on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 190.

About Motorpoint Group

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.