Phoenix Group (LON:PHNX) Issues Quarterly Earnings Results

Phoenix Group (LON:PHNX) released its quarterly earnings data on Tuesday. The company reported GBX 45.40 ($0.59) EPS for the quarter, Digital Look Earnings reports. Phoenix Group had a negative net margin of 2.10% and a negative return on equity of 21.76%.

Phoenix Group Stock Up 0.2 %

Phoenix Group stock opened at GBX 580.93 ($7.55) on Tuesday. The company has a debt-to-equity ratio of 160.32, a quick ratio of 0.12 and a current ratio of 3.30. Phoenix Group has a one year low of GBX 475 ($6.17) and a one year high of GBX 586 ($7.61). The company has a 50-day simple moving average of GBX 510.83 and a 200-day simple moving average of GBX 519.08. The firm has a market capitalization of £5.81 billion, a P/E ratio of -11.13, a P/E/G ratio of 1.95 and a beta of 0.73.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 650 ($8.44) price target on shares of Phoenix Group in a report on Monday, February 17th.

Phoenix Group Company Profile

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 12 million customers.
We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle.
We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.