George Weston (OTCMKTS:WNGRF) Releases Earnings Results

George Weston (OTCMKTS:WNGRF) issued its quarterly earnings data on Friday. The company reported $0.99 earnings per share (EPS) for the quarter, Zacks reports. George Weston had a net margin of 1.67% and a return on equity of 12.84%.

George Weston Trading Up 5.3%

George Weston stock traded up $3.28 during trading on Friday, reaching $65.50. 17,394 shares of the company were exchanged, compared to its average volume of 5,405. George Weston has a 52-week low of $49.82 and a 52-week high of $67.16. The company has a market capitalization of $25.06 billion, a P/E ratio of 35.60 and a beta of 0.55. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.37 and a quick ratio of 0.77. The stock’s 50 day simple moving average is $61.72 and its two-hundred day simple moving average is $136.49.

Analysts Set New Price Targets

WNGRF has been the subject of a number of analyst reports. Scotiabank restated a “sector perform” rating on shares of George Weston in a research note on Thursday, August 21st. BMO Capital Markets restated a “market perform” rating on shares of George Weston in a research report on Wednesday, July 30th. Finally, TD Securities reiterated a “buy” rating on shares of George Weston in a research report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About George Weston

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.