ENXTBR:JENMachinery
Jensen Group (ENXTBR:JEN) Stock Sees Revenue Strength Meet Margin Pressure
Jensen-Group’s stock has slipped over the past week and month, even as the latest earnings landed with a very different message. The market is trading the recent softness, yet the fresh report shows a laundry equipment specialist that is still producing solid profit and cash generation.
The tension comes from one place: margins are thinner than a year ago, with net profit margin over the last twelve months sitting below the prior period. That squeeze is colliding with a P/E of 12.3x that...