THG (LON:THG) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of THG (LON:THG) in a report released on Tuesday, MarketBeat reports. Jefferies Financial Group currently has a GBX 60 price target on the stock.

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of THG in a report on Monday, January 19th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 57.50.

THG Price Performance

Shares of THG stock opened at GBX 39.62 on Tuesday. The firm has a market cap of £617.17 million, a P/E ratio of 9.91, a P/E/G ratio of -0.08 and a beta of 2.46. The company has a debt-to-equity ratio of 131.97, a current ratio of 0.92 and a quick ratio of 0.89. THG has a 1-year low of GBX 22.90 and a 1-year high of GBX 52.55. The firm has a fifty day moving average of GBX 32.72 and a two-hundred day moving average of GBX 39.63.

THG (LON:THG) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX (0.04) earnings per share for the quarter. THG had a return on equity of 12.75% and a net margin of 3.15%. As a group, research analysts anticipate that THG will post -6.7170435 earnings per share for the current fiscal year.

Insider Activity

In other THG news, insider Matthew Moulding purchased 24,395,170 shares of THG stock in a transaction dated Friday, February 20th. The shares were bought at an average cost of GBX 35 per share, for a total transaction of £8,538,309.50. Insiders own 22.90% of the company’s stock.

Trending Headlines about THG

Here are the key news stories impacting THG this week:

• Positive Sentiment: THG reported its strongest first-quarter sales since 2021, driven by improved revenue across its consumer brands, which investors see as evidence the recovery is broadening. THG climbs after reporting strongest first-quarter since 2021
• Positive Sentiment: Multiple outlets highlight Q1 as the best for sales growth since 2021 (and described as the best quarter in five years), reinforcing the narrative of improving top-line momentum. THG posts strongest first-quarter sales growth since 2021
• Positive Sentiment: Coverage notes the company delivered its strongest post‑pandemic Q1 revenue growth, a key metric investors watch for sustainability of margin recovery and cash generation. THG shares jump 7% as Q1 revenue growth hits postpandemic high
• Positive Sentiment: CEO Matt Moulding and company commentary said the business had a better‑than‑expected start to the year and expressed confidence in prospects, supporting the view management can deliver on guidance. Moulding confident of THG prospects after better than expected start to year
• Positive Sentiment: Broker support: Jefferies reaffirmed a “buy” and set a GBX 60 price target, which gives analysts’ backing to the stock’s recovery narrative and may encourage further buying. Jefferies reaffirms buy on THG (report)
• Neutral Sentiment: Some coverage frames the strong quarter as occurring “despite an uncertain backdrop,” a reminder that macro or retail headwinds still represent execution risks even with improved trading. THG gets off to a flyer despite uncertain backdrop

THG Company Profile

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.

We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.

THG is home to three key divisions: Beauty, Nutrition, and Ingenuity. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.