Babcock International Group PLC (LON:BAB - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 891.74 ($12.04) and traded as high as GBX 1,045 ($14.11). Babcock International Group shares last traded at GBX 1,032 ($13.94), with a volume of 1,327,421 shares.
Wall Street Analyst Weigh In
Several research firms have issued reports on BAB. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 1,200 price target on shares of Babcock International Group in a report on Monday, August 18th. Berenberg Bank lifted their price target on shares of Babcock International Group from GBX 1,350 to GBX 1,360 and gave the stock a "buy" rating in a report on Friday. Finally, Shore Capital reaffirmed a "buy" rating on shares of Babcock International Group in a report on Thursday, May 29th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of GBX 1,153.33.
View Our Latest Analysis on Babcock International Group
Babcock International Group Trading Up 2.2%
The stock has a 50-day moving average of GBX 1,036.90 and a 200 day moving average of GBX 899.06. The stock has a market cap of £5.49 billion, a PE ratio of 2,272.92, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62.
Babcock International Group (LON:BAB - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported GBX 50.30 earnings per share (EPS) for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. As a group, sell-side analysts anticipate that Babcock International Group PLC will post 41.4298019 earnings per share for the current year.
Insider Transactions at Babcock International Group
In other Babcock International Group news, insider David Lockwood sold 223,546 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of GBX 1,008, for a total value of £2,253,343.68. Also, insider David Mellors sold 156,485 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of GBX 1,008, for a total value of £1,577,368.80. In the last quarter, insiders sold 469,739 shares of company stock valued at $473,496,912. Insiders own 1.09% of the company's stock.
About Babcock International Group
(
Get Free Report)
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.
See Also
Before you consider Babcock International Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Babcock International Group wasn't on the list.
While Babcock International Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
