Inspired (LON:INSE) Issues Quarterly Earnings Results

Inspired (LON:INSE) posted its quarterly earnings data on Monday. The company reported GBX 8.98 ($0.12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Inspired had a net margin of 1.12% and a return on equity of 1.84%.

Inspired Stock Performance

Shares of LON INSE traded down GBX 1.90 ($0.02) during trading on Wednesday, reaching GBX 55.10 ($0.71). 137,505 shares of the stock traded hands, compared to its average volume of 915,860. The company has a debt-to-equity ratio of 98.94, a current ratio of 2.14 and a quick ratio of 1.59. The stock has a market capitalization of £87.96 million, a P/E ratio of 50.45 and a beta of 0.53. Inspired has a 52-week low of GBX 34 ($0.44) and a 52-week high of GBX 96 ($1.24). The company has a 50-day moving average of GBX 61.63 and a 200-day moving average of GBX 49.01.

Inspired Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, June 19th will be given a GBX 1 ($0.01) dividend. This represents a yield of 1.77%. The ex-dividend date is Thursday, June 19th. Inspired’s dividend payout ratio is currently 274.69%.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Inspired in a research report on Monday.

About Inspired

Inspired PLC is a leading B2B technology enabled service provider delivering solutions that enable corporate businesses to transition to net-zero carbon and manage their response to climate change in the UK and Ireland.

Founded in 2000, Inspired operates four divisions: Assurance Services, Optimisation Services, ESG Services and Software Services, providing expert energy advisory and sustainability services to over 3,500 businesses who typically spend more than £100,000 on energy and water per year.