Watches of Switzerland Group (LON:WOSG) Shares Down 0.6% – Here’s What Happened

Posted by Trent Williams on Feb 23rd, 2025

Watches of Switzerland Group plc (LON:WOSG – Get Free Report) fell 0.6% during trading on Friday . The company traded as low as GBX 518 ($6.54) and last traded at GBX 520 ($6.57). 332,171 shares changed hands during trading, a decline of 69% from the average session volume of 1,077,430 shares. The stock had previously closed at GBX 523 ($6.61).

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 575 ($7.26) target price on shares of Watches of Switzerland Group in a report on Friday, December 6th. Shore Capital restated a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 480 ($6.06).

Get Our Latest Analysis on WOSG

Watches of Switzerland Group Trading Down 0.6 %

The firm has a market capitalization of £1.26 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. The company has a 50 day moving average price of GBX 543.45 and a two-hundred day moving average price of GBX 474.

Watches of Switzerland Group (LON:WOSG – Get Free Report) last posted its quarterly earnings data on Thursday, December 5th. The company reported GBX 18.10 ($0.23) earnings per share for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.38%. On average, research analysts forecast that Watches of Switzerland Group plc will post 42.739726 EPS for the current year.

About Watches of Switzerland Group

(Get Free Report)

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK, US and Europe comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Hodinkee (US) and Analog:Shift (US) with a complementary jewellery offering.