Marks and Spencer Group Plc Expected to Post FY2019 Earnings of $0.75 Per Share (OTCMKTS:MAKSY)

Marks and Spencer Group Plc (OTCMKTS:MAKSY) – Analysts at Jefferies Group reduced their FY2019 EPS estimates for shares of Marks and Spencer Group in a research note issued to investors on Thursday, Zacks Investment Research reports. Jefferies Group analyst C. Gulliver now expects that the company will earn $0.75 per share for the year, down from their previous forecast of $0.79.

Separately, Zacks Investment Research downgraded shares of Marks and Spencer Group from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th.

Marks and Spencer Group (OTCMKTS MAKSY) traded down $0.65 during trading on Monday, reaching $8.09. 16,723 shares of the company were exchanged, compared to its average volume of 102,652. The company has a current ratio of 0.69, a quick ratio of 0.30 and a debt-to-equity ratio of 0.59. Marks and Spencer Group has a 52 week low of $7.83 and a 52 week high of $10.39.

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About Marks and Spencer Group

Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.

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