FY2020 EPS Estimates for MARKS & SPENCER/S Lowered by Analyst (OTCMKTS:MAKSY)

MARKS & SPENCER/S (OTCMKTS:MAKSY) – Equities researchers at Jefferies Financial Group cut their FY2020 EPS estimates for shares of MARKS & SPENCER/S in a research note issued to investors on Wednesday, November 6th. Jefferies Financial Group analyst J. Grzinic now forecasts that the company will earn $0.49 per share for the year, down from their previous forecast of $0.50. Jefferies Financial Group also issued estimates for MARKS & SPENCER/S’s FY2021 earnings at $0.49 EPS.

Separately, Zacks Investment Research upgraded MARKS & SPENCER/S from a “sell” rating to a “hold” rating in a report on Tuesday, October 8th. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $8.25.

MAKSY stock traded down $0.15 during mid-day trading on Friday, reaching $4.72. The company had a trading volume of 49,414 shares, compared to its average volume of 108,703. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.35 and a current ratio of 0.67. The company has a market capitalization of $3.80 billion, a price-to-earnings ratio of 7.15 and a beta of 1.09. The firm has a fifty day simple moving average of $4.66 and a 200 day simple moving average of $5.33. MARKS & SPENCER/S has a fifty-two week low of $3.93 and a fifty-two week high of $8.22.

About MARKS & SPENCER/S

Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.

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Earnings History and Estimates for MARKS & SPENCER/S (OTCMKTS:MAKSY)

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