Pendragon (PDG) Posts Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Pendragon (LON:PDG) released its earnings results on Tuesday. The company reported GBX 3.30 ($0.05) earnings per share for the quarter, beating the consensus estimate of GBX 3.20 ($0.04) by GBX 0.10 ($0.00), Digital Look Earnings reports. Pendragon had a net margin of 1.46% and a return on equity of 18.25%. The business had revenue of £473.91 billion during the quarter.

Shares of Pendragon (LON:PDG) opened at GBX 24 ($0.33) on Tuesday. Pendragon has a twelve month low of GBX 20.03 ($0.28) and a twelve month high of GBX 39.25 ($0.54). The stock has a market capitalization of $297.63 and a price-to-earnings ratio of 600.00.

PDG has been the subject of several analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Pendragon in a research note on Friday, December 1st. They issued an “underweight” rating and a GBX 17 ($0.23) target price for the company. Liberum Capital reissued an “under review” rating on shares of Pendragon in a research note on Monday, October 23rd. Berenberg Bank reissued a “hold” rating and issued a GBX 26 ($0.36) target price on shares of Pendragon in a research note on Monday, December 4th. Canaccord Genuity reissued a “hold” rating and issued a GBX 26 ($0.36) target price on shares of Pendragon in a research note on Monday, December 4th. Finally, Numis Securities reissued a “hold” rating and issued a GBX 25 ($0.35) target price on shares of Pendragon in a research note on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 24.17 ($0.33).

ILLEGAL ACTIVITY NOTICE: “Pendragon (PDG) Posts Quarterly Earnings Results, Beats Estimates By $0.10 EPS” was reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2018/02/13/pendragon-pdg-posts-quarterly-earnings-results-beats-estimates-by-0-10-eps.html.

Pendragon Company Profile

Pendragon PLC is an automotive online retailer. The Company’s principal market activities are the retailing of used and new vehicles and the service and repair of vehicles (aftersales). Its segments are Stratstone, which consists of its vehicles, truck and commercial vans brand, including the sale of new and used motor cars, motorbikes, trucks and vans, together with associated aftersales activities; Evans Halshaw, which consists of its volume brand, including the sale of new and used motor vehicles and commercial vans; US Motor Group, which consists of its retail operations in California in the United States, including the sale of new and used motor cars; Pinewood, which consists of its activities as a dealer management systems provider; Leasing, which consists of its contract hire and leasing activities; Quickco, which consists of its wholesale parts distribution businesses, and Central, which represents its head office function and includes all central activities.

Receive News & Ratings for Pendragon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pendragon and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply