Inspired (LON:INSE) Posts Earnings Results

Inspired (LON:INSE) posted its earnings results on Monday. The company reported GBX 8.98 ($0.12) earnings per share for the quarter, Digital Look Earnings reports. Inspired had a return on equity of 1.84% and a net margin of 1.12%.

Inspired Stock Performance

INSE stock traded down GBX 1.90 ($0.02) during trading on Wednesday, hitting GBX 55.10 ($0.71). The company had a trading volume of 137,505 shares, compared to its average volume of 915,860. The firm has a 50-day moving average price of GBX 61.63 and a 200-day moving average price of GBX 49.01. The company has a quick ratio of 1.59, a current ratio of 2.14 and a debt-to-equity ratio of 98.94. The firm has a market cap of £87.96 million, a PE ratio of 50.45 and a beta of 0.53. Inspired has a 1-year low of GBX 34 ($0.44) and a 1-year high of GBX 96 ($1.24).

Inspired Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 25th. Stockholders of record on Thursday, June 19th will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, June 19th. This represents a dividend yield of 1.77%. Inspired’s dividend payout ratio (DPR) is 274.69%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Inspired in a research report on Monday.

Inspired Company Profile

Inspired PLC is a leading B2B technology enabled service provider delivering solutions that enable corporate businesses to transition to net-zero carbon and manage their response to climate change in the UK and Ireland.

Founded in 2000, Inspired operates four divisions: Assurance Services, Optimisation Services, ESG Services and Software Services, providing expert energy advisory and sustainability services to over 3,500 businesses who typically spend more than £100,000 on energy and water per year.