Babcock International Group PLC (LON:BAB - Get Free Report) insider David Mellors sold 156,485 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of GBX 1,008 ($13.40), for a total value of £1,577,368.80 ($2,097,286.00).
David Mellors also recently made the following trade(s):
- On Monday, August 4th, David Mellors sold 36,667 shares of Babcock International Group stock. The shares were sold at an average price of GBX 1,008 ($13.40), for a total value of £369,603.36 ($491,428.48).
Babcock International Group Stock Up 0.3%
Shares of LON BAB traded up GBX 3 ($0.04) during midday trading on Wednesday, reaching GBX 1,006 ($13.38). The company's stock had a trading volume of 1,388,062 shares, compared to its average volume of 4,734,843. Babcock International Group PLC has a fifty-two week low of GBX 455.40 ($6.06) and a fifty-two week high of GBX 1,177 ($15.65). 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 simple moving average of GBX 1,055.40 and a 200-day simple moving average of GBX 829.76. The stock has a market capitalization of £5.05 billion, a price-to-earnings ratio of 30.44, a PEG ratio of 1.35 and a beta of 1.28.
Babcock International Group (LON:BAB - Get Free Report) last released its quarterly earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.67) EPS for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. Equities research analysts predict that Babcock International Group PLC will post 41.4298019 earnings per share for the current year.
Wall Street Analyst Weigh In
Several brokerages have weighed in on BAB. Berenberg Bank increased their price target on Babcock International Group from GBX 910 ($12.10) to GBX 1,350 ($17.95) and gave the stock a "buy" rating in a research report on Thursday, June 26th. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a research note on Thursday, May 29th.
Read Our Latest Research Report on BAB
Babcock International Group Company Profile
(
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.
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