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

PLBY Group (NASDAQ:PLBY) issued 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 net margin of 66.97% and a negative return on equity of 406.14%. The company had revenue of $12.86 million during the quarter.

PLBY Group Stock Up 1.8 %

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

Analyst Ratings Changes

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

Insider Transactions at PLBY Group

In related news, CEO Bernhard L. Kohn III sold 71,323 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $0.56, for a total value of $39,940.88. Following the transaction, the chief executive officer now directly owns 2,590,023 shares of the company’s stock, valued at $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 is accessible through the SEC website. Corporate insiders own 28.80% of the company’s stock.

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.