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

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

PLBY Group Trading Up 7.1 %

PLBY traded up $0.08 during trading on Friday, reaching $1.19. The company had a trading volume of 431,046 shares, compared to its average volume of 1,144,505. The firm’s 50-day simple moving average is $0.81 and its 200 day simple moving average is $0.81. The company has a debt-to-equity ratio of 12.49, a quick ratio of 0.70 and a current ratio of 1.44. The company has a market cap of $106.50 million, a price-to-earnings ratio of -1.17 and a beta of 2.26. PLBY Group has a 12-month low of $0.44 and a 12-month high of $1.55.

Insiders Place Their Bets

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

Analysts Set New Price Targets

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

PLBY Group Company Profile

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.