Babcock International Group (LON:BAB - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX 50.30 ($0.69) earnings per share for the quarter, Digital Look Earnings reports. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%.
Babcock International Group Price Performance
BAB traded down GBX 25.45 ($0.35) on Friday, reaching GBX 1,131.55 ($15.53). The company had a trading volume of 6,830,067 shares, compared to its average volume of 5,428,874. The business has a 50 day simple moving average of GBX 933.82 and a 200 day simple moving average of GBX 722.27. The company has a market cap of £5.68 billion, a price-to-earnings ratio of 34.24, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a debt-to-equity ratio of 256.62, a quick ratio of 0.76 and a current ratio of 0.86. Babcock International Group has a 52-week low of GBX 455.40 ($6.25) and a 52-week high of GBX 1,177 ($16.15).
Wall Street Analysts Forecast Growth
BAB has been the subject of several research reports. Berenberg Bank increased their price target on shares of Babcock International Group from GBX 910 ($12.49) to GBX 1,350 ($18.53) and gave the company a "buy" rating in a research report on Thursday. JPMorgan Chase & Co. increased their price target on shares of Babcock International Group from GBX 760 ($10.43) to GBX 900 ($12.35) and gave the stock an "overweight" rating in a report on Monday, March 3rd. Finally, Shore Capital reissued a "buy" rating on shares of Babcock International Group in a report on Thursday, May 29th.
View Our Latest Report on Babcock International Group
Babcock International Group Company Profile
(
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Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.
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