Ultimate Products (LON:ULTP) Given House Stock Rating at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Ultimate Products (LON:ULTP) in a report issued on Tuesday morning, Marketbeat Ratings reports.

Ultimate Products Stock Up 5.0%

Shares of ULTP stock opened at GBX 63 on Tuesday. Ultimate Products has a 12 month low of GBX 43.80 and a 12 month high of GBX 143.50. The stock has a 50 day moving average of GBX 62.48 and a 200-day moving average of GBX 64.07. The firm has a market cap of £52.82 million, a PE ratio of 7.78 and a beta of 1.39.

Ultimate Products (LON:ULTP) last announced its earnings results on Tuesday, October 28th. The company reported GBX 6.80 earnings per share (EPS) for the quarter. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%. As a group, equities analysts predict that Ultimate Products will post 14.53125 EPS for the current fiscal year.

Ultimate Products Company Profile

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.