Ultimate Products (LON:ULTP) Announces Earnings Results

Posted by Stacy Sanders on Mar 27th, 2025

Ultimate Products (LON:ULTP – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 4.30 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ultimate Products had a return on equity of 21.95% and a net margin of 6.77%.

Ultimate Products Stock Performance

LON ULTP traded up GBX 2.30 ($0.03) during trading hours on Thursday, hitting GBX 74.20 ($0.96). The company had a trading volume of 94,480 shares, compared to its average volume of 166,095. The business has a 50 day moving average of GBX 87.73 and a 200-day moving average of GBX 113.72. The company has a market cap of £62.97 million, a PE ratio of 6.09 and a beta of 1.39. Ultimate Products has a 1-year low of GBX 71 ($0.91) and a 1-year high of GBX 185.50 ($2.39).

Ultimate Products Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 29th will be paid a dividend of GBX 1.55 ($0.02) per share. The ex-dividend date is Thursday, May 29th. This represents a yield of 2.16%. Ultimate Products’s dividend payout ratio is currently 57.44%.

Analyst Ratings Changes

Several research firms have commented on ULTP. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 130 ($1.67) price target on shares of Ultimate Products in a report on Tuesday. Shore Capital restated a “house stock” rating on shares of Ultimate Products in a research note on Tuesday.

Get Our Latest Analysis on ULTP

About Ultimate Products

(Get Free Report)

Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK’s oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group’s products.

Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.