Distribution Finance Capital (LON:DFCH) Announces Quarterly Earnings Results

Distribution Finance Capital (LON:DFCHGet Free Report) posted its earnings results on Thursday. The company reported GBX 6 earnings per share for the quarter, Digital Look Earnings reports. Distribution Finance Capital had a net margin of 20.97% and a return on equity of 12.38%.

Distribution Finance Capital Price Performance

Distribution Finance Capital stock opened at GBX 74 on Thursday. The company’s fifty day moving average price is GBX 70.50 and its 200 day moving average price is GBX 62.73. Distribution Finance Capital has a 1 year low of GBX 45 and a 1 year high of GBX 79. The stock has a market capitalization of £121.72 million, a P/E ratio of 8.81 and a beta of 0.87. The company has a debt-to-equity ratio of 13.69, a quick ratio of 1.16 and a current ratio of -20,564.14.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group raised their target price on Distribution Finance Capital from GBX 90 to GBX 94 and gave the company a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 94.

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About Distribution Finance Capital

(Get Free Report)

DF Capital is a speciality lender providing flexible financing solutions that support the sales and growth of manufacturers, dealers and distributors operating in attractive underserved retail markets across the UK.

Today, DF Capital supports roughly 1,500 dealers and 100 manufacturers, across the leisure, commercial and powersports sectors and recently launched its asset finance proposition, giving DF Capital access to larger adjacent markets and positioning the group firmly as a multi-product lender.

As a bank, DF Capital’s lending is supported by its award-winning savings products, scalable digital platform, and commitment to exceptional customer service, serving approximately 14,000 customers through its Manchester-based support team.

DF Capital’s goal is simple: to do the best for its customers, its communities, and its people.

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