Anpario (LON:ANP) Issues Quarterly Earnings Results

Anpario (LON:ANP) posted its earnings results on Monday. The company reported GBX 28.40 ($0.37) EPS for the quarter, Digital Look Earnings reports. Anpario had a return on equity of 8.74% and a net margin of 9.23%.

Anpario Stock Down 1.8 %

LON:ANP traded down GBX 7.05 ($0.09) during mid-day trading on Monday, hitting GBX 377.90 ($4.89). The stock had a trading volume of 87,392 shares, compared to its average volume of 51,111. The company has a market capitalization of £64.47 million, a PE ratio of 20.87 and a beta of 0.58. The stock has a 50-day simple moving average of GBX 435.60 and a two-hundred day simple moving average of GBX 376.66. Anpario has a twelve month low of GBX 225 ($2.91) and a twelve month high of GBX 488.55 ($6.32). The company has a current ratio of 6.15, a quick ratio of 5.16 and a debt-to-equity ratio of 0.10.

Anpario Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 25th. Investors of record on Thursday, July 10th will be issued a GBX 8 ($0.10) dividend. The ex-dividend date is Thursday, July 10th. This is a positive change from Anpario’s previous dividend of $3.25. This represents a yield of 2.09%. Anpario’s dividend payout ratio (DPR) is 60.74%.

Wall Street Analyst Weigh In

ANP has been the topic of a number of research analyst reports. Canaccord Genuity Group boosted their price target on shares of Anpario from GBX 380 ($4.91) to GBX 500 ($6.46) and gave the company a “buy” rating in a research note on Tuesday, January 14th. Shore Capital reiterated a “house stock” rating on shares of Anpario in a report on Monday.

Anpario Company Profile

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.