J Sainsbury (LON:SBRY) Releases Earnings Results

J Sainsbury (LON:SBRY) posted its quarterly earnings data on Thursday. The grocer reported GBX 23.10 ($0.31) EPS for the quarter, Digital Look Earnings reports. J Sainsbury had a return on equity of 1.94% and a net margin of 0.42%.

J Sainsbury Trading Up 3.5 %

Shares of J Sainsbury stock opened at GBX 256.80 ($3.41) on Friday. J Sainsbury has a fifty-two week low of GBX 223.40 ($2.96) and a fifty-two week high of GBX 301.40 ($4.00). The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. The company has a market capitalization of £5.93 billion, a P/E ratio of 43.31, a P/E/G ratio of 0.42 and a beta of 0.67. The company has a fifty day moving average of GBX 245.91 and a 200 day moving average of GBX 261.02.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SBRY shares. Shore Capital reissued a “house stock” rating on shares of J Sainsbury in a report on Thursday. JPMorgan Chase & Co. cut their price objective on J Sainsbury from GBX 310 ($4.11) to GBX 305 ($4.05) and set an “overweight” rating for the company in a research note on Monday, January 13th.

J Sainsbury Company Profile

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.