Microlise Group (LON:SAAS) Posts Earnings Results

Microlise Group (LON:SAAS) posted its quarterly earnings results on Thursday. The company reported GBX 4.19 ($0.05) EPS for the quarter, Digital Look Earnings reports. Microlise Group had a net margin of 2.14% and a return on equity of 1.87%.

Microlise Group Price Performance

Shares of SAAS opened at GBX 112 ($1.45) on Friday. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.08 and a current ratio of 1.25. The company has a 50 day moving average price of GBX 109.01 and a 200-day moving average price of GBX 110.13. Microlise Group has a fifty-two week low of GBX 88 ($1.14) and a fifty-two week high of GBX 178 ($2.30). The stock has a market capitalization of £129.69 million, a PE ratio of 95.85 and a beta of 0.19.

Microlise Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 5th will be paid a GBX 1.24 ($0.02) dividend. The ex-dividend date is Thursday, June 5th. This is a positive change from Microlise Group’s previous dividend of $0.57. This represents a yield of 1.19%. Microlise Group’s dividend payout ratio is 171.17%.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group started coverage on shares of Microlise Group in a research note on Thursday. They issued a “buy” rating and a GBX 199 ($2.58) target price on the stock.

About Microlise Group

Microlise is a leading provider of transport management software to fleet operators helping them to improve efficiency, safety, and reduce emissions

These improvements are delivered through reduced fuel use, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience

Established in 1982, Microlise is an award-winning business with around 350 employees based at the Group’s headquarters in Nottingham, as part of a total staff of 500 globally with international offices in France, India and Australia