PLBY Group (NASDAQ:PLBY) Posts Earnings Results, Misses Expectations By $0.32 EPS

PLBY Group (NASDAQ:PLBY) issued its earnings results on Tuesday. The company reported ($0.45) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.32), Zacks reports. PLBY Group had a negative net margin of 66.97% and a negative return on equity of 406.14%. The firm had revenue of $12.86 million during the quarter.

PLBY Group Stock Performance

PLBY traded up $0.04 during trading on Friday, hitting $1.15. 334,024 shares of the company traded hands, compared to its average volume of 1,144,068. The firm has a market cap of $103.03 million, a P/E ratio of -1.17 and a beta of 2.26. The stock’s fifty day moving average is $0.81 and its 200 day moving average is $0.81. The company has a quick ratio of 0.70, a current ratio of 1.44 and a debt-to-equity ratio of 12.49. PLBY Group has a one year low of $0.44 and a one year high of $1.55.

Insider Transactions at PLBY Group

In other news, CEO Bernhard L. Kohn III sold 71,323 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $0.56, for a total transaction of $39,940.88. Following the sale, the chief executive officer now owns 2,590,023 shares in the company, valued at approximately $1,450,412.88. This trade represents a 2.68 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 28.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a $0.70 target price (down from $1.50) on shares of PLBY Group in a research report on Friday, August 9th.

About PLBY Group

PLBY Group, Inc operates as a pleasure and leisure company in the United States, Australia, China, the United Kingdom, and internationally. It operates through three segments: Licensing, Direct-to-Consumer, and Digital Subscriptions and Content. The company offers sexual wellness products, such as lingerie, bedroom accessories, intimacy products, and other adult products; style and apparel products for men and women; digital entertainment and lifestyle products; and beauty and grooming products for men and women, such as skincare, haircare, bath and body, grooming, cosmetics, and fragrance.