Shares of Babcock International Group PLC (LON:BAB - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 763.28 ($10.30) and traded as high as GBX 1,085 ($14.64). Babcock International Group shares last traded at GBX 1,076 ($14.52), with a volume of 967,991 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Berenberg Bank raised their price objective on Babcock International Group from GBX 910 ($12.28) to GBX 1,350 ($18.21) and gave the company a "buy" rating in a research note on Thursday, June 26th. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a research report on Thursday, May 29th.
Get Our Latest Research Report on Babcock International Group
Babcock International Group Stock Up 0.6%
The firm has a market cap of £5.40 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 256.62. The stock has a 50-day moving average of GBX 993.74 and a 200-day moving average of GBX 763.28.
Babcock International Group (LON:BAB - Get Free Report) last released its quarterly earnings data on Wednesday, June 25th. The company reported GBX 50.30 ($0.68) earnings per share (EPS) for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. As a group, sell-side analysts forecast that Babcock International Group PLC will post 41.4298019 EPS for the current fiscal year.
About Babcock International Group
(
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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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