Babcock International Group PLC (LON:BAB - Get Free Report) was up 10.9% on Wednesday . The stock traded as high as GBX 1,177 ($16.15) and last traded at GBX 1,145.61 ($15.72). Approximately 5,317,567 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 5,408,804 shares. The stock had previously closed at GBX 1,033 ($14.18).
Wall Street Analyst Weigh In
Several equities analysts have weighed in on BAB shares. Berenberg Bank lifted their price objective on Babcock International Group from GBX 910 ($12.49) to GBX 1,350 ($18.53) and gave the company a "buy" rating in a report on Thursday. JPMorgan Chase & Co. lifted their price objective on Babcock International Group from GBX 760 ($10.43) to GBX 900 ($12.35) and gave the company an "overweight" rating in a report on Monday, March 3rd. Finally, Shore Capital reaffirmed a "buy" rating on shares of Babcock International Group in a report on Thursday, May 29th.
Check Out Our Latest Stock Report on BAB
Babcock International Group Price Performance
The company has a debt-to-equity ratio of 256.62, a quick ratio of 0.76 and a current ratio of 0.86. The company has a market cap of £5.68 billion, a price-to-earnings ratio of 34.24, a PEG ratio of 1.35 and a beta of 1.28. The business has a fifty day moving average price of GBX 933.82 and a 200 day moving average price of GBX 722.27.
Babcock International Group (LON:BAB - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.69) 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, research analysts anticipate that Babcock International Group PLC will post 41.4298019 earnings per share for the current year.
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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