A.G. BARR (LON:BAG) Sets New 52-Week High - Still a Buy?

A.G. BARR p.l.c. (LON:BAG - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 703 ($9.39) and last traded at GBX 701 ($9.36), with a volume of 240461 shares trading hands. The stock had previously closed at GBX 687 ($9.17).

Wall Street Analysts Forecast Growth

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 Trading Up 0.1 %

The stock has a market cap of £786.68 million, a price-to-earnings ratio of 21.65, a P/E/G ratio of 1.36 and a beta of 0.38. The business has a 50-day simple moving average of GBX 640.40 and a two-hundred day simple moving average of GBX 622.96. The company has a debt-to-equity ratio of 2.62, a quick ratio of 1.99 and a current ratio of 1.87.

A.G. BARR (LON:BAG - Get Free Report) last released its earnings results on Tuesday, March 25th. The company reported GBX 39.77 ($0.53) earnings per share (EPS) 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 forecast that A.G. BARR p.l.c. will post 43.7109104 EPS for the current year.

A.G. BARR Increases Dividend

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

Insider Transactions at A.G. BARR

In related news, insider Euan Sutherland bought 11,990 shares of A.G. BARR stock in a transaction that occurred on Monday, April 28th. The stock was acquired at an average price of GBX 675 ($9.01) per share, with a total value of £80,932.50 ($108,068.50). In the last three months, insiders acquired 12,063 shares of company stock worth $8,138,446. 23.13% of the stock is owned by company insiders.

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.