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

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

PLBY Group Price Performance

Shares of NASDAQ PLBY traded up $0.02 on Friday, hitting $1.13. The company’s stock had a trading volume of 281,559 shares, compared to its average volume of 1,143,832. The company has a debt-to-equity ratio of 12.49, a current ratio of 1.44 and a quick ratio of 0.70. The company has a market capitalization of $101.24 million, a price-to-earnings ratio of -1.16 and a beta of 2.26. PLBY Group has a 12-month low of $0.44 and a 12-month high of $1.55. The stock has a 50 day moving average of $0.81 and a 200-day moving average of $0.81.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

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

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.