Go-Ahead Group plc (GOG) Releases Earnings Results, Misses Expectations By $0.02 EPS
Go-Ahead Group plc (LON:GOG) posted its earnings results on Thursday. The company reported $2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.09 by $0.02, reports. Go-Ahead Group plc had a return on equity of 52.90% and a net margin of 3.28%.
Go-Ahead Group plc (LON:GOG) opened at 1564.00 on Friday. The stock has a 50 day moving average of GBX 1,752.46 and a 200 day moving average of GBX 1,797.03. The firm’s market capitalization is GBX 670.22 million. Go-Ahead Group plc has a 12 month low of GBX 1,442.00 and a 12 month high of GBX 2,344.00.
A number of analysts have recently issued reports on the stock. J P Morgan Chase & Co cut shares of Go-Ahead Group plc to a “neutral” rating and cut their target price for the stock from GBX 2,277 ($29.41) to GBX 1,951 ($25.20) in a research note on Wednesday, May 24th. Liberum Capital reiterated a “buy” rating and issued a GBX 1,975 ($25.51) price objective on shares of Go-Ahead Group plc in a research note on Monday, May 22nd. Investec reiterated a “buy” rating and issued a GBX 2,250 ($29.06) price objective on shares of Go-Ahead Group plc in a research note on Thursday, June 22nd. Canaccord Genuity reiterated a “buy” rating and issued a GBX 2,500 ($32.29) price objective on shares of Go-Ahead Group plc in a research note on Thursday, June 22nd. Finally, Royal Bank Of Canada dropped their price objective on shares of Go-Ahead Group plc from GBX 1,925 ($24.86) to GBX 1,900 ($24.54) and set a “sector performer” rating for the company in a research note on Friday, June 23rd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. Go-Ahead Group plc presently has an average rating of “Hold” and a consensus target price of GBX 2,080 ($26.86).
Go-Ahead Group plc Company Profile
The Go-Ahead Group plc is a public transport provider. The Company is a bus operator in the United Kingdom both in and outside London. The Company operates through three segments: regional bus, London bus and rail. The regional bus segment comprises bus operations outside London. The London bus segment comprises bus operations in London under control of Transport for London (TfL), and rail replacement and other contracted services in London.
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