PLBY Group (NASDAQ:PLBY) Posts Earnings Results, Misses Estimates By $0.32 EPS

PLBY Group (NASDAQ:PLBY) released its quarterly earnings data on Tuesday. The company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.32), Zacks reports. PLBY Group had a negative return on equity of 406.14% and a negative net margin of 66.97%. The business had revenue of $12.86 million for the quarter.

PLBY Group Price Performance

PLBY Group stock traded up $0.08 during trading hours on Friday, hitting $1.19. 401,715 shares of the stock were exchanged, compared to its average volume of 1,144,246. The stock has a market capitalization of $106.16 million, a P/E ratio of -1.17 and a beta of 2.26. The business’s 50-day moving average is $0.81 and its two-hundred day moving average is $0.81. The company has a debt-to-equity ratio of 12.49, a quick ratio of 0.70 and a current ratio of 1.44. PLBY Group has a 12 month low of $0.44 and a 12 month high of $1.55.

Insider Activity

In related news, CEO Bernhard L. Kohn III sold 69,871 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $0.62, for a total value of $43,320.02. Following the transaction, the chief executive officer now owns 2,740,676 shares in the company, valued at $1,699,219.12. This trade represents a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 28.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a $0.70 price target (down previously from $1.50) on shares of PLBY Group in a research note on Friday, August 9th.

About PLBY Group

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.