Ultimate Products (LON:ULTP) Announces Earnings Results

Posted by Trevor Kearing on Mar 27th, 2025

Ultimate Products (LON:ULTP – Get Free Report) released its earnings results on Tuesday. The company reported GBX 4.30 ($0.06) earnings per share 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

Ultimate Products stock traded up GBX 2.70 ($0.03) during midday trading on Thursday, hitting GBX 74.60 ($0.96). 42,775 shares of the company’s stock were exchanged, compared to its average volume of 165,247. The company has a market cap of £63.30 million, a PE ratio of 6.12 and a beta of 1.39. The firm has a 50-day moving average of GBX 87.73 and a two-hundred day moving average of GBX 113.72. Ultimate Products has a 12 month low of GBX 71 ($0.91) and a 12 month high of GBX 185.50 ($2.39).

Ultimate Products Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ULTP. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 130 ($1.67) price objective on shares of Ultimate Products in a report on Tuesday. Shore Capital reaffirmed a “house stock” rating on shares of Ultimate Products in a research note on Tuesday.

Check Out Our Latest Research Report on ULTP

Ultimate Products Company Profile

(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.