Mattioli Woods (LON:MTW) announced its quarterly earnings results on Tuesday, February 6th. The company reported GBX 19.20 ($0.27) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 20.60 ($0.28) by GBX (1.40) (($0.02)), Bloomberg Earnings reports. Mattioli Woods had a return on equity of 9.67% and a net margin of 12.95%. The business had revenue of GBX 2,843 million for the quarter.
Mattioli Woods (LON MTW) traded down GBX 2.50 ($0.03) on Tuesday, hitting GBX 750 ($10.36). The company had a trading volume of 2,053 shares, compared to its average volume of 5,293. Mattioli Woods has a 1-year low of GBX 750 ($10.36) and a 1-year high of GBX 872 ($12.05). The firm has a market cap of $183.56 and a PE ratio of 2,500.00.
The company also recently declared a dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, February 15th will be issued a GBX 5.50 ($0.08) dividend. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, February 15th.
Several research firms have recently weighed in on MTW. Canaccord Genuity reissued a “buy” rating and issued a GBX 860 ($11.88) target price on shares of Mattioli Woods in a report on Tuesday, February 6th. Shore Capital reissued a “hold” rating on shares of Mattioli Woods in a report on Tuesday, February 6th. Finally, Canaccord Genuity Group reissued a “hold” rating and issued a GBX 840 ($11.61) target price on shares of Mattioli Woods in a report on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 821.25 ($11.35).
In other news, insider Murray Beveridge Smith sold 8,605 shares of the stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of GBX 760 ($10.50), for a total value of £65,398 ($90,353.69).
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Mattioli Woods Company Profile
Mattioli Woods plc is engaged in providing pensions consultancy and administration services primarily to owner-managers, senior executives and professional persons in the United Kingdom. It offers a range of services namely wealth management, employee benefits and intermediary services. Wealth management services include: financial planning, which provide wealth building and trust planning; investments, which include portfolio management, structured products and individual savings account (ISA); pension, which provide self-invested personnel pension and small Self-Administered Scheme(SSAS); property, which includes real estate investment trust (REIT), mortgage advice and legal services, and Protection, which includes life insurance and income protection.
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