William Hill (LON:WMH) Releases Quarterly Earnings Results, Beats Expectations By $0.20 EPS

William Hill (LON:WMH) issued its quarterly earnings results on Friday. The gambling company reported GBX 5.30 ($0.07) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 5.10 ($0.07) by GBX 0.20 ($0.00), Bloomberg Earnings reports.

Shares of WMH stock traded up GBX 9.50 ($0.12) during mid-day trading on Friday, reaching GBX 156.25 ($2.04). The stock had a trading volume of 3,759,001 shares, compared to its average volume of 5,380,000. The company has a 50-day moving average price of GBX 156.22. William Hill has a 52-week low of GBX 128.45 ($1.68) and a 52-week high of GBX 274.20 ($3.58). The company has a market capitalization of $1.37 billion and a price-to-earnings ratio of -1.88. The company has a quick ratio of 1.22, a current ratio of 1.34 and a debt-to-equity ratio of 240.78.

The company also recently disclosed a dividend, which will be paid on Thursday, November 28th. Shareholders of record on Thursday, October 24th will be given a GBX 2.66 ($0.03) dividend. This represents a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, October 24th. William Hill’s payout ratio is -0.14%.

Several research analysts recently commented on the stock. Shore Capital reaffirmed a “buy” rating on shares of William Hill in a report on Monday. Peel Hunt reaffirmed a “buy” rating on shares of William Hill in a report on Friday. Deutsche Bank reaffirmed a “buy” rating on shares of William Hill in a report on Friday. UBS Group reaffirmed a “buy” rating and issued a GBX 285 ($3.72) price objective on shares of William Hill in a report on Friday, June 21st. Finally, Stifel Nicolaus assumed coverage on shares of William Hill in a report on Friday, June 28th. They issued a “buy” rating and a GBX 175 ($2.29) price objective for the company. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 238.75 ($3.12).

William Hill Company Profile

William Hill plc provides sports betting and gaming services in the United Kingdom and internationally. It operates through Retail, Online, US Existing, US Expansion, and Other segments. The company operates licensed betting offices that offer sports betting services on football, horseracing, and other sports, as well as gaming on machines.

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