Phoenix Group (LON:PHNX) Issues Earnings Results

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

Phoenix Group Price Performance

LON PHNX opened at GBX 580.93 ($7.55) on Tuesday. The firm has a market capitalization of £5.81 billion, a PE ratio of -11.13, a P/E/G ratio of 1.95 and a beta of 0.73. The company has a debt-to-equity ratio of 160.32, a current ratio of 3.30 and a quick ratio of 0.12. Phoenix Group has a 12 month low of GBX 475 ($6.17) and a 12 month high of GBX 586 ($7.61). The company’s 50 day simple moving average is GBX 510.83 and its 200 day simple moving average is GBX 519.08.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 650 ($8.44) price target on shares of Phoenix Group in a research note 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.