A.G. BARR (LON:BAG) Hits New 1-Year High - Here's Why

A.G. BARR p.l.c. (LON:BAG - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 686 ($9.20) and last traded at GBX 679 ($9.11), with a volume of 3860 shares. The stock had previously closed at GBX 679 ($9.11).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "house stock" rating on shares of A.G. BARR in a research note on Tuesday, March 25th.

A.G. BARR Price Performance

The company has a market capitalization of £772.15 million, a PE ratio of 21.25, a PEG ratio of 1.36 and a beta of 0.38. The firm has a 50-day moving average of GBX 633.90 and a 200 day moving average of GBX 620.67. The company has a debt-to-equity ratio of 2.62, a current ratio of 1.87 and a quick ratio of 1.99.

A.G. BARR (LON:BAG - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 39.77 ($0.53) earnings per share for the quarter. A.G. BARR had a return on equity of 12.27% and a net margin of 8.81%. As a group, research analysts anticipate that A.G. BARR p.l.c. will post 43.7109104 earnings per share for the current fiscal year.

A.G. BARR Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 6th. Shareholders of record on Thursday, May 8th will be paid a dividend of GBX 44.80 ($0.60) per share. This is an increase from A.G. BARR's previous dividend of $3.10. This represents a dividend yield of 3.02%. The ex-dividend date is Thursday, May 8th. A.G. BARR's payout ratio is currently 49.20%.

Insider Transactions at A.G. BARR

In related news, insider Euan Sutherland purchased 11,990 shares of the business's stock in a transaction on Monday, April 28th. The stock was acquired at an average price of GBX 675 ($9.05) per share, with a total value of £80,932.50 ($108,546.81). Insiders have acquired 12,063 shares of company stock worth $8,138,446 in the last quarter. Company insiders own 23.13% of the company's stock.

About A.G. BARR

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value. Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love. Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G.