PLBY Group (NASDAQ:PLBY) Issues 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 net margin of 66.97% and a negative return on equity of 406.14%. The business had revenue of $12.86 million during the quarter.

PLBY Group Stock Performance

NASDAQ:PLBY traded up $0.01 during mid-day trading on Friday, reaching $1.12. The stock had a trading volume of 305,372 shares, compared to its average volume of 1,143,939. The business has a 50 day simple moving average of $0.81 and a 200 day simple moving average of $0.81. PLBY Group has a twelve month low of $0.44 and a twelve month high of $1.55. The company has a debt-to-equity ratio of 12.49, a quick ratio of 0.70 and a current ratio of 1.44. The firm has a market capitalization of $100.34 million, a price-to-earnings ratio of -1.17 and a beta of 2.26.

Insider Activity

In other PLBY Group news, CEO Bernhard L. Kohn III sold 71,323 shares of PLBY Group stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $0.56, for a total value of $39,940.88. Following the completion of the sale, the chief executive officer now directly owns 2,590,023 shares of the company’s stock, valued at approximately $1,450,412.88. The trade was a 2.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 28.80% of the company’s stock.

Analyst Upgrades and Downgrades

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

PLBY Group Company Profile

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.