Arbuthnot Banking Group (LON:ARBB) Reaches New 52-Week High - Should You Buy?

Key Points

• Arbuthnot Banking Group PLC shares reached a new 52-week high, trading at GBX 1,024 ($13.93), after previously closing at GBX 1,040 ($14.15).
• The company has a market capitalization of £167.12 million and reported earnings of GBX 42.50 per share for the last quarter.
• Analysts expect Arbuthnot Banking Group to post an earnings per share of approximately 169.25 for the current fiscal year.

Arbuthnot Banking Group PLC (LON:ARBB - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 775 ($10.50) and last traded at GBX 1,024 ($13.88), with a volume of 5380 shares trading hands. The stock had previously closed at GBX 1,040 ($14.10).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of Arbuthnot Banking Group in a research note on Tuesday, July 22nd.

Arbuthnot Banking Group Price Performance

The stock has a market capitalization of £158.30 million, a price-to-earnings ratio of 968.06, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The firm has a fifty day moving average of GBX 1,017.77 and a 200 day moving average of GBX 957.53.

Arbuthnot Banking Group (LON:ARBB - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The company reported GBX 42.50 EPS for the quarter. Arbuthnot Banking Group had a return on equity of 12.11% and a net margin of 12.76%. Research analysts predict that Arbuthnot Banking Group PLC will post 169.2518248 EPS for the current year.

About Arbuthnot Banking Group

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.